๐จ $BTC Bitcoin Drops Below $103K โ All Eyes on the $100K Line! ๐จ
#Bitcoin is showing signs of weakness after failing to hold the crucial $103,000 support. The price is now hovering around $102,858, down -2.16%, with a clear bearish trend forming on the daily chart.
๐ 24h Stats:
High: $105,909
Low: $102,582
Volume: 13,901 BTC (~$1.45B)
The recent local high of $111,980 now looks like a short-term top. With bears firmly in control, the focus shifts to the $100,000 zone โ a critical psychological and technical support.
๐ง Key Zone to Watch:
If $100K fails to hold: Brace for increased volatility and potential panic selling.
If bulls defend $100K: A strong reversal bounce could follow.
๐ Final Word:
BTC is at a major inflection point. Whether this is a healthy dip or the beginning of a larger correction depends on the reaction around $100K. Stay sharp โ the next move could be explosive. ๐ฅ
#BTC #CryptoUpdate #MarketWatch #BinanceSquare #BitcoinPrice