#Bitcoin BOUNCES BACK ABOVE $100K ❗❗🚨 A Crucial Test for Bulls❗🔥$BTC just flickered below the psychological $100K level, but now it’s back ABOVE, trading at $101,101 🔥🔥🟢 After dipping to $98,200, BTC swiftly recovered, showing strong buying interest below $100K. But can it hold? 🤔
👀 Key Levels:
🔶 Current Price: $101,101
🔶 24H High: $102,946
🔶 24H Low: $98,200
🔶 Resistance: $101,620
🔑 What’s Happening:
Buying Demand: Strong bounce from $98.2K shows bulls are active, and short-covering could be fueling the move.
$100K Test: Bitcoin’s now testing $100K as support – will it hold?
Volume Surge: Big volume on the drop and recovery – proving this move isn’t just a blip.
🚨 What’s Next?
Bullish Scenario: If BTC can hold above $100K and break $101,620, expect a push toward $102K+.
Caution: If it drops back below $100K, could be a bull trap or a fakeout.
Quick Watchlist:
👀 Key Resistance: $101,620
📉 Support to Hold: $100,000
💥 Potential Next Move: Breakout or Breakdown?
Takeaway: Bitcoin’s recovery above $100K is a key test. Bulls need to prove this move isn’t just a bounce! Stay sharp, watch for volume, and manage risk carefully.
Buy and Trade $BTC