$BTC Bitcoin is currently around $97,600.
The price has been stuck in key support zones for a while, facing some pressure.
Key Support Levels (Green Zones below):
The most significant support levels are:
$99,500 (Weak support โ already broken)
$95,000 (Strong support)
$93,300 (Critical support โ very likely to cause a bounce)
Based on the dotted lines, it seems thereโs a chance for Bitcoin to dip to around $95k or even $93k, where strong buying pressure could step in.
Key Resistance Levels (Green Zones above):
If the price moves up, the nearest resistance levels are:
$100,900
$106,990
$108,478
Looking at the chart, the price could likely:
1๏ธโฃ Drop to the $95k โ $93k zone first
2๏ธโฃ Then bounce back up
3๏ธโฃ Head toward $100k+ if it breaks higher.
Right now,
$BTC is in a short-term downtrend.
The $93k โ $95k zone will be crucial for any potential reversal.
If it falls below $93k, the market structure could shift.
If it breaks above $100k, that would signal a potential bullish move.
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