Bitcoin Price Plummets to $91K
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Crypto market liquidationsCoinGape
•Business
Business & Economics
Key Levels to Watch as Bitcoin Price Crashes Below $100K Today
68% Informative
Bitcoin (BTC) price fell to a 20-day low of $ 91,231 amid heightened market volatility.
Crypto market liquidations hit $1.8 billion , with key BTC support at $ 96,150 .
Double-bottom pattern suggests a potential breakout toward $ 108,000 if sentiment shifts bullish.
BTC price plunged 7% in the last 24 hours , signaling unusually heavy capitulation from large investors.
The upper band suggests significant resistance at $ 105,800 , followed by a more substantial barrier near $ 108,000 .
If Bitcoin can consolidate above these levels, it may establish a new bullish trend, counteracting the recent downturn.
The ongoing trade war and economic uncertainty continue to influence market sentiment, but long-term investors and institutional players could take advantage of lower prices.
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