Bitcoin Nears Key $104K Support With Potential Drop Toward $97K If Broken, Analysts Suggest
The post Bitcoin Nears Key $104K Support With Potential Drop Toward $97K If Broken, Analysts Suggest appeared on BitcoinEthereumNews.com. Bitcoin is currently testing a crucial support level near $104,124, a significant on-chain cluster that could determine the next major price movement. Analysts warn that if this support fails, Bitcoin may experience a swift decline toward $97,405, another historically strong buyer zone. According to COINOTAG sources, trader Daan Crypto Trades emphasizes caution, noting Bitcoin’s weekly chart shows indecision after a failed breakout above $108,000. Bitcoin holds key $104K support amid market indecision; a break could trigger a drop toward $97K, signaling critical levels for traders to watch closely. ‘, ‘
The post Bitcoin Nears Key $104K Support With Potential Drop Toward $97K If Broken, Analysts Suggest appeared on BitcoinEthereumNews.com.
Bitcoin is currently testing a crucial support level near $104,124, a significant on-chain cluster that could determine the next major price movement. Analysts warn that if this support fails, Bitcoin may experience a swift decline toward $97,405, another historically strong buyer zone. According to COINOTAG sources, trader Daan Crypto Trades emphasizes caution, noting Bitcoin’s weekly chart shows indecision after a failed breakout above $108,000. Bitcoin holds key $104K support amid market indecision; a break could trigger a drop toward $97K, signaling critical levels for traders to watch closely. ‘, ‘
What's Your Reaction?
