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Bitcoin ($BTC) is now hovering around the critical $101,000 mark, continuing its trend of forming lower lows. Market sentiment is tense, and investors are watching closely to see what comes next. Let’s explore the possible scenarios ahead:

1. Bounce from Support

Bitcoin may find support around the $100K–$101K level. This zone has previously acted as a psychological support, and a technical bounce from here isn’t off the table. If buyers step in, we could see a short-term recovery toward $105K–$110K.

2. Breakdown Below $100K

If $BTC fails to hold the $100K line, a sharper decline may occur. A breakdown could trigger a cascade of stop-loss orders, pushing the price lower toward the $95K–$97K region. This would confirm further weakness in the market structure.

3. Consolidation Before Next Move

Bitcoin might also enter a period of sideways consolidation between $100K–$105K, as bulls and bears battle for control. This phase often precedes a strong breakout in either direction.

🧠 Final Thoughts:

Keep a close eye on volume and market reactions around key levels. A bounce may present a solid trading opportunity, while a breakdown could signal the start of a deeper correction. Risk management is crucial in such volatile conditions.

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