The market has taken a sharp dip, with $BTC dropping suddenly from 110K down to 104K. Many traders seem uncertain about the situation, so here’s my breakdown of what’s going on and what I’m watching next.

BTC

90,477.71

-0.28%

Looking at the chart I’ve shared, Bitcoin is currently sitting within a strong support zone between 104K–105K, an area that has served as a solid base in the past. I’ve highlighted the buying zone, and from this range, I’m expecting a potential rebound — first toward 107K–108K, and if momentum continues, possibly a move back up to 110K–112K.

Let’s see how BTC reacts here — this level could set the stage for the next major move. #MarketPullback