🚨 $BTC Price Alert – Is a Major Correction Brewing? 📉
Current Price: $103,832.62
24h Change: -1.97%
Bitcoin is flashing warning signs, and the chart doesn’t lie. Let’s break it down 🔍
📊 Key Support Levels:
🔻 $102,345 – Latest 24h low
🔻 $100,372 – Strong daily support zone
🔻 $98,913 – Important historical level
🔻 $94,364 – Long-term MA(99) base
💥 Resistance to Watch:
🚫 $104,802 – MA(7) now acting as resistance
🚫 $105,622 – MA(25), a mid-term ceiling
🚫 $108,011 – Former rejection zone
🚫 $111,980 – Swing high target
📉 MACD: Bearish crossover, fading momentum
📉 Volume: Weak — not enough fuel for a breakout yet
⚠️ Conclusion:
BTC is hovering above a key demand zone, but struggling to push through resistance. If bulls can reclaim $105K+, upside targets open up. But if $100K breaks down — brace for a steeper correction.
💬 Trade Smart:
Set your stops, manage risk, and watch price action closely.
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