BTC DROPS FROM $99,500 🚨
Bitcoin plunged from $99,500 to $95,864 (-2.62%), wiping out recent gains. Is this a dip or a bigger crash ahead?
🔍 Why BTC Fell:
1️⃣ Rejection at $99,500 – BTC couldn’t hold this level, triggering heavy sell-offs.
2️⃣ Leverage Liquidations – High-risk trades got wiped out, fueling the drop.
3️⃣ Market Panic – Altcoins are also falling as traders cash out.
4️⃣ Whale Sell-Offs – Large BTC holders moved funds to exchanges, signaling exits.
5️⃣ Global Uncertainty – Economic factors and Fed concerns add pressure.
🔥 Key Levels:
🔻 Support: $95,500 (break could send BTC to $93,800-$91,500)
🔺 Resistance: $97,500 (needs to reclaim for a rebound)
📉/📈 Trade Plan:
💡 Entry: $95,900 (High Risk)
🎯 Targets:
$97,500 | $99,000 | $100,200 (up)
/ $95,500 | $93,800 | $91,500 (down)
🛑 Stop Loss: $94,800
⚠️ Watch For:
📉 Losing $95,500 could mean more downside.
💰 Reclaiming $97,500 might fuel recovery.
🔍 Whale activity could hint at the next move.