#BTC

🚀BTC's rebound was halted near the 50% Fibonacci retracement level at $94,050⚠️, indicating that the bears have already started to take action at high levels, and the rebound is not easy.

📉 What’s the support level below?

Currently, the key supports are at $87,700 and $84,000 in order.

Once the $84,000 support is broken, be cautious, as BTC is very likely to retest the November 21 low of $80,600😰.

📈 For the bulls to turn the tide, the conditions are very clear!

To regain strength, buyers must push the price above $94,500. Once stabilized, BTC has the chance to continue upward toward the 50-day moving average at $97,000.

⚠️ But don’t celebrate too early—

The 50-day moving average at the psychological level of $100,000 will be a heavily guarded area by the bears💣.

Only if the closing price firmly stays above $100,000 can we confirm that the bulls have truly returned, and the market may continue to accelerate🔥.

💡 In one sentence:

👉 $94,500 is the threshold for a bullish turn

👉 $84,000 is the life-and-death line of defense

👉 Staying above $100,000 signifies that the bulls have truly won a round