BTC plummets disastrously

BTC2,6%
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CryptoNewsvip
📌 Current Price & Short-term Situation
Bitcoin is trading around 101,000 USDT

This is below the psychological and technical support zone that many analysts are monitoring $BTC ~100,000 USD(, indicating that BTC is in a sensitive position.
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📉 Important Support & Resistance Levels

Short-term support: around 100,000 USD — if the price holds this zone, there is potential for recovery.

Short-term resistance: around ~$108,000-$110,000 USD — if BTC breaks through, a significant upward move could occur.

If support is broken: the price could drop to a lower zone )~$90,000 USD( before finding a new bottom.
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💡 Causes & Trend Outlook

Although the price has decreased, liquidity data still shows that the market is not short of capital — but selling pressure from long-term and short-term holders is dominating.

BTC is going through a “test” of an important support level — if the technical structure does not hold, a deeper correction is possible.

Investors should observe whether this is a short-term correction before a rebound or a sign of entering a downtrend.
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🔮 Trend Outlook

Positive scenario: BTC holds the support zone around ~100,000 USD and rebounds above ~110,000 USD with high volume → potential target of ~$120,000-$130,000.

Cautious scenario: Support around ~100,000 USD is broken → BTC could fall to ~$90,000 or lower, entering a deep correction phase.
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🛠 Suggested Strategies

If you are holding BTC: maintain your position and set a stop-loss below the support zone you are willing to risk.

If you want to buy new: it’s better to wait for a pull-back to support or a clear breakout above resistance before entering.

Always manage position size and risk — this season is highly volatile, so decisions should be cautious.
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✅ In summary: Bitcoin is currently in an important “test zone” at around 101,000 USD. The market may be entering an accumulation phase before a new wave or facing the risk of a deeper correction. Any action should be based on a clear strategy and good risk management.
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CryptoNewsvip
· 2025-11-13 01:53
Buy to make money 💎
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