#MarketPullback
Bitcoin has pulled back from its recent high of $97,895.68 to around $94,798.90, a modest -0.67% dip. The price is currently testing the 7 day moving average (MA7: 95,248.40), while still trading above the 25 day and 99 day moving averages, indicating mid term bullish strength. However, declining volume and red candles suggest caution. This may be a classic dip buying opportunity for bullish traders, but only if BTC holds above $93,500 support. A break below that could signal further downside. Patience and proper risk management are key. Traders should watch price action closely before entering.