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Bitcoin has experienced a significant pullback after achieving a new all-time high of $104,088, now trading at $99,724.08 with a +3.03% recovery from recent lows. Following the dip to $99,611, BTC is attempting to regain bullish momentum. With over 97,180.31 BTC traded in the past 24 hours, market activity remains intense.
Key resistance lies at $103,550โa breakout above this level could ignite another rally toward uncharted highs. Conversely, failure to breach this resistance may lead to a retest of the $96,643.47 support level. Traders are advised to consider entering positions near the current price, setting a tight stop-loss around $99,611 to mitigate downside risk and prepare for the potential breakout.
The marketโs next major move is imminentโstay vigilant and ready to seize opportunities as they arise. Whether BTC surges higher or tests lower support, smart trading strategies can help navigate this critical juncture.
