$BTC
📉 Bitcoin rejected $97K, wanna know what next?
Read below 👇🏻
Bitcoin just got cleanly rejected near 97,000 and is now back around the 92K zone.
This rejection is important because 97K was not random.
It was sitting right near a major moving average + previous resistance area.
Sellers defended it hard. Bulls failed to hold above.
So what does this mean now?
🧠 Market structure (simple words)
Right now, BTC is stuck in a range.
Not bullish. Not fully bearish.
This is a decision zone.
Price is currently in the middle of the range, which is the worst place to chase buys.
🔍 Key levels I’m watching
Resistance:
•94.5K – 97K → Bulls must reclaim and HOLD above this zone to flip momentum.
If BTC closes strong above this area with volume, then:
➡️ 99K–102K becomes possible again.
Support:
•91K – 92K → short-term support
•88K – 89K → strong support zone
•84K – 85K → high liquidity / panic zone
If 91K breaks properly, a move toward 88K or even 85K is very realistic.
🎯 My short-term outlook
•As long as BTC is below 97K, rallies are suspect.
•I prefer scaling buys near supports, not buying the middle.
•Real bullishness only returns if BTC reclaims 94–97K and holds it.
Until then → expect volatility, fake pumps, and emotional traps.
🧨 Final thought
Not chasing this spot i will buy if we dip to 88 k or else i will wait because longterm i feel $105k to $107k liquidity will be grabbed