$BTC is moving in a very critical zone right now. After the recent drop from the $97K area down to $94K, price is currently ranging near $95.3K, showing clear signs of consolidation.
This area is acting as a decision point for the market. If buyers successfully defend this support, we could see a recovery move toward higher resistance levels. On the other hand, failure to hold this zone may trigger another push down toward $94K.
Looking at the current structure and overall price behavior, the chances of support holding appear stronger at the moment. The next move from here will likely define short-term direction.
Let’s see how the market reacts. What’s your view on this setup?
#BTCanalysis
BTC
95,105.27
-0.23%