🔍 Bitcoin Price Update – Is a Deeper Correction Coming?

After touching the $111K mark, Bitcoin is now cooling off — but don’t panic. The broader uptrend still looks intact. 📉➡📈

✅ Support zones around $100K–$101K are holding for now.

⚠️ But BTC needs to reclaim the $106K–$108K area soon to avoid a drop toward $95K.

📊 RSI is neutral, and moving averages (100D & 200D) are still sloping up — long-term bulls aren’t out of the game yet.

💡 On-chain data is even more bullish: Exchange reserves just hit a record low (2.3M BTC). That’s less Bitcoin available for sale, and more going into long-term custody with institutions and ETFs.

Translation? Supply squeeze + strong hands = explosive potential ahead. 💥

📌 Key levels to watch:

• Support: $101K, $95K

• Resistance: $105K, $108K, and ATH at $112K

Next move could define the summer. Are you ready?

#MarketPullback

$BTC

BTC

68,402.92

-1.58%