$BTC /USDT: Bearish Pressure Intensifies.. Almost after 20 attempts .. $BTC Break strong support at $93,700 .. A Big Dump today after hitting $98,300 ...
The $BTC /USDT pair has slipped to $93,519.29, marking a 2.65% decline over the past hour. The chart shows a significant pullback from the intraday high of $97,544.58, highlighting strong selling pressure. With a 24-hour trading volume of 25,272.96 BTC, the market sentiment appears bearish as Bitcoin tests critical support levels amid increasing volatility.
Key Levels and Market Insight
Immediate support lies at $93,500, a critical zone to watch for a potential rebound. A breakdown below this level could lead to further downside toward $92,000. On the upside, resistance is observed at $96,263—only a break above this level would signal renewed bullish momentum. Traders should remain cautious as Bitcoin navigates this high-stakes range.
