$BTC /USDT STABILIZING AFTER SHARP DROP – $105K HOLDING AS STRONG SUPPORT
As mentioned earlier, $105,000 is a key support level for #Bitcoin — and once again, it's showing strength. After dipping to a 24h low of $106,600, BTC is now recovering, trading at $107,660.01, down -2.05% for the day.
Some early bullish momentum is starting to build again as buyers step in near the base.
Market Overview:
Current Price: $107,660.01
24h High: $110,131.92
24h Low: $106,600.00
Volume: 16,121.69 BTC / $1.74B USDT
Key Insights:
$BTC is forming a base above the $106K–$105K zone, which has acted as a strong demand area during previous dips.
Buyers are attempting to regain control after the sell-off.
A short-term bounce toward $108.8K or even $110K is possible if momentum sustains.
What to Watch:
Holding above $106,500 is critical for bullish continuation.
A break above $108,500 could signal a shift in momentum back to buyers.
Below $105K, further downside toward $102K may open — so risk management is key.
Conclusion:
The pullback was strong, but so is the support zone.
If bulls maintain control above $105K, a fresh recovery wave could begin.
Stay alert — this zone could define the next big move.