Bitcoin Big Decision: $100k Breakout or $75K Drop?#Bitcoin Big Decision: $100k Breakout or $75K Drop?
🔰 Key Levels:
▪️ $100k Resistance: CRYPTOCAP:BTC is showing weakness around this psychological level due to low trading volume.
▪️ Swing Low Support: $95,650 – A breakdown here could signal bearish momentum.
▪️ Trendline Resistance: $94,100 – Breaking below this level may lead to a 10%-20% correction.
🔰 Bearish Outlook:
If #BTC breaks both $95,650 and $94,100, downside targets are $85,000 and $75,000.
🔰 Bullish Case:
If BTC holds above $94,100, a continuation toward $120K is possible, supported by volume.
⚠️ Risk Management: Current volatility is high. Traders should monitor these key levels closely and use stop-loss orders to mitigate risks.