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🚨 Bitcoin market update ($BTC)
#Bitcoin is facing a crucial moment as it approaches the key support zone around 100,800 USD. ⚠️
Currently, the price of $BTC is trading around 102,000 USD, down -1.06% in the past 24 hours — and is testing the support range of 100,813 – 102,077 USD, which is seen as the "decisive battleground" between the buyers and sellers.
📊 Important technical levels:
→ Strong support: 100,813 USD ( low 24h )
→ Psychological threshold: 100,000 USD
→ Recovery resistance: 105,333 USD (peak 24h)
On the technical chart, Bitcoin is currently below the MA7 and MA25 lines, indicating that short-term downward pressure remains dominant. The 24h trading volume reached 2.16 billion USD, reflecting significant capital flow participating at the current price level.
If Bitcoin holds strong and bounces back from the 100,813 USD region, there is a high possibility of a recovery move up to 103,700 USD.
On the contrary, breaking the 100,800 USD mark could trigger strong selling pressure, pulling the price down to the 98,900 USD range.
📊 The battle between the bulls and bears is heating up at this crucial support area — where the next direction of the entire crypto market will be decided.