A Potential BTC Red Rain
2024-11-24

In my previous post, I noted that as long as the 97,400 support held, BTC was likely to attempt a move toward the 100k mark. However, the current price has already breached this support, signaling the potential onset of a bearish trend. The 97,100 support level will now play a critical role in halting further declines. Watch closely for price rejection at the key levels of 97,100 and 97,400, which could present an opportunity for a short position.

That said, the market remains unpredictable, and BTC could still reclaim its upward momentum.