Short version for Bitcoin (BTC):
đ» How low could it go
A key support zone is around US $93,600 â if that breaks, risk increases significantly.
A deeper drop toward US $85,000-86,000 is possible if support fails.
In a more extreme breakdown scenario, some analysts see a slide to around US $74,000. #BTCVolatility #USJobsData $BTC
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đ When might buying be more justified
Consider buying only when price holds above a strong support and a reversal is confirmed (e.g., bullish divergence, strong volume, break above previous resistance).
For example: if BTC drops toward US $85,000-86,000 and stabilises with signs of reversal, that could be a lower-risk entry zone.
Avoid chasing while itâs in free-fall without confirmation â the current trend leans downward.