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$BTC BTC faced strong selling pressure and dropped into a key support zone. Momentum looks weak, but price is now reacting near an important demand area.
Bullish scenario:
If price holds the current support and stabilizes, a short-term relief bounce is possible. Oversold signals on lower timeframes often allow a quick recovery toward the nearby resistance zone.
Bearish scenario:
If support fails and price stays below it, downside pressure may continue. In that case, BTC could explore lower levels before buyers step back in.
This is a decision zone.
Support hold = bounce chance.
Support loss = more downside.
Personal market view, not financial advice.