🚨 Bitcoin Market Update ⚠️
📍 Current Price: 94097
📊 Previous Support: 94000 to 94500
📊 Immediate Resistance: 97900
⚠️ Resistance zone above: 99700 to 100000
📉 Support Zone Below: 88467
$BTC is once again testing the 94000 level after a pullback from the recent highs near 97900. Price is reacting inside a marked support zone, which previously served as a launchpad for bullish continuation. The reaction from this zone will decide if bulls are ready to reclaim control early in the week.
🔍 Key Observations
🟢 Price is currently inside a strong demand zone marked between 94000 and 94500
🟢 A bounce from this level could lead to another attempt at 97900 resistance
🟢 Break and hold above 97900 opens room toward 99700 to 100000
🟢 Clean break below 94000 could trigger deeper pullback toward 88467
📈 Market Volume
Today is Monday and the week has just started, so higher volume and stronger market participation are expected
📊 Economic Events
High-impact USD news ISM Services PMI is scheduled for today at 700 PM. Be prepared for increased volatility around that time
⚠ Trade Smart
Price is at a key reaction zone. Wait for confirmation before entering trades. Watch for signs of strength or weakness at 94000 to 94500 support. Stick to your levels and manage risk accordingly
