Currently, Bitcoin (BTC) is trading at $93,017, down 2.87% from the previous close. In the last 24 hours, the price reached a high of $96,506 and a low of $93,017.
Recently, Bitcoin has faced resistance in the $100,000 range, with significant support around $93,000. Analysts suggest that losing this support could drive the price down to the $80,000 region.
For investors, it is crucial to monitor these key levels and consider the inherent volatility of the cryptocurrency market when assessing the odds of gains.