Could Bitcoin return to 100,000?

Bitcoin experienced a sharp decline yesterday from 98,000 to 95,000 $. This pullback occurred as selling pressure increased due to the Bybit hack. Currently, it is crucial for Bitcoin to hold the support of 94,818 USD. If this level is breached, the price could fall to 93,415 USD and then to 91,300 USD.

If Bitcoin overcomes the resistance mark of 97,756 USD, the price could quickly rise towards 100,000 USD and then to 102,668 USD. Even though volatility in the crypto market is high, Bitcoin's upside potential remains strong! Breaking through these levels could lead Bitcoin into a new uptrend, boosting market confidence. However, if selling pressure persists, the price may need to test lower support levels and the market may need to realign.