🚀 #Bitcoin Under Pressure: Is a Drop to $60,000 Ahead?


Bitcoin is in a volatile phase, balancing bullish optimism (such as its adoption by a U.S. strategic reserve) and bearish attempts to halt upward momentum.


📉 Key Levels:

Resistance: $98,000 (320,040 $BTC were bought here, creating a strong barrier).

Support: $60,000 (220,150 BTC were bought here, likely a buying zone).


💡 What’s Next?

Breaking the $100,000 mark requires strong buying pressure, but macroeconomic uncertainty and investor caution are obstacles.

If #BTC fails to surpass $98,000, a 30% drop to $60,000 is possible.


⚠️ Risks: Falling below $60,000 could trigger panic selling and deeper declines.


Stay alert as Bitcoin navigates these critical levels! 🚀

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March 10, 2025 at 1:54 PM
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