The question now is whether #BTC will drop below the mark of 108,000 USD today?
Today, Bitcoin is fluctuating around 108,400 USD, with a low price in 24h of about 107,600 USD - 107,700 USD
🔍 Technical experts analyze based on recent support levels, through the collection of information, this is my personal opinion:
* The first threshold: 107,860–108,650 USD, currently BTC is within this range, so it is likely to bounce back here.
* If it breaks strongly below ~107,080 USD, the next direction could be the range of 106,200–105,000 USD
* A deeper support level around 105,000 USD is quite strong, it may only drop to this level if market sentiment worsens.
Fun fact: According to futures and options (derivatives) data, the probability of BTC dropping below 100,000 USD this month is about 13% (very low probability)
📌 In summary:
In 24h, Bitcoin has at one point dropped below 108k (has touched 107,762 USD).
* The possibility of #BTC continuing to fall deeper below 108k** still exists, but the likelihood of bouncing back around the range of 107,800–108,000 USD is quite high.
* If it breaks the 107k range, there is a risk of falling further down to 105k when the sentiment is unstable, and large sell orders appear!
* The probability of a strong drop below **100k** this month is relatively low (~13%), but cannot be ruled out due to macro factors.
Today, Bitcoin is fluctuating around 108,400 USD, with a low price in 24h of about 107,600 USD - 107,700 USD
🔍 Technical experts analyze based on recent support levels, through the collection of information, this is my personal opinion:
* The first threshold: 107,860–108,650 USD, currently BTC is within this range, so it is likely to bounce back here.
* If it breaks strongly below ~107,080 USD, the next direction could be the range of 106,200–105,000 USD
* A deeper support level around 105,000 USD is quite strong, it may only drop to this level if market sentiment worsens.
Fun fact: According to futures and options (derivatives) data, the probability of BTC dropping below 100,000 USD this month is about 13% (very low probability)
📌 In summary:
In 24h, Bitcoin has at one point dropped below 108k (has touched 107,762 USD).
* The possibility of #BTC continuing to fall deeper below 108k** still exists, but the likelihood of bouncing back around the range of 107,800–108,000 USD is quite high.
* If it breaks the 107k range, there is a risk of falling further down to 105k when the sentiment is unstable, and large sell orders appear!
* The probability of a strong drop below **100k** this month is relatively low (~13%), but cannot be ruled out due to macro factors.