Greetings ladies and gentlemen, I will share my opinion with you.

📊 Bitcoin has gone into correction, as I mentioned! From the peak of $111.7k, BTC has retraced to $107–108k, which is a ~3.5% drop. 📉 Technically, the $107k zone looks like an intermediate support (50% Fibo from the recent rise), but the trading volumes and RSI hint at a possible continuation of the decline to $96–98k, where a strong support level and the 200-day MA lie. 🔍

💡 What's next? If the 'whales' continue to take profits or negative news comes out (regulators, macroeconomics), we may see a test of $96k. However, the bullish sentiment in the market and the influx of institutional investors may provide a rebound. Let's keep an eye on the volumes and news!

🗳️ Your opinion: Are we waiting for a bottom at $96k or is it time to buy? Share in the comments! 👇 #BTC #Binance #Crypto #Trading