Current Price Zone: ~$100,000–$104,000

Support: ~$100,000

Resistance: ~$116,000–$117,000

Analysis:

$BITCOIN

BTC
BTCUSDT
97,023.2
-6.33%

has recently broken below its 200-day moving average, showing some short-term bearish pressure.

If the $100k support holds, a rebound toward $116k is possible.

If the support fails, Bitcoin could drop to $94k or even $84k.

Outlook:

The market is currently uncertain; watch these key levels closely.

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