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Bitcoin Warning: Watch This Support Zone Closely!
Bitcoin (BTC) is showing some weakness right now. As seen in the 4-hour chart, the price is sitting just above a key support zone around $102,000 (marked in blue). If this support fails to hold, there's a real risk that BTC could drop further, possibly retesting the previous support levels near $99,000 and even $96,000.
but if it bounce back up there's a great chance for new ATH soon. and you're safe to continue your bullish trades.
but resistance has been tested several times, and rejection is strong, and each test makes holding the current range harder. A clean break below it could trigger a bigger move down. Be cautious with long positions and watch price action closely at this zone.
Stay alert and manage your risk!