📉 Current Bitcoin Status
🔸 Current Price: $102,073
🔸 Key Support: $101,000
🔸 Nearby Resistance: $104,000
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✅ Why is Bitcoin Volatile?
1. Selling Pressure After Recent Growth:
After reaching
106K
, many took profits.
2. Maintaining Strong Support:
As long as it stays above
101K
, there is a possibility of renewed growth.
3. Entry of Major Investors:
Whales and institutions are still in the K100
110K range and
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🎯 Conclusion:
As long as Bitcoin stays above 101K, the overall trend remains bullish. Crossing 104K could open the door to growth towards 106K.
