Traders seek signals around 97,000 USD: Bitcoin’s volatility offers traders opportunities at 97,000 USD. The price hit 101,407 USD then fell, highlighting bearish pressures. A reversal could occur with rising volumes and green candles, prompting entries for profit-taking above 100,000 USD.

Crucial support zone: 96,500–97,000 USD: The zone between 96,500 USD and 97,000 USD is pivotal for Bitcoin’s market. Maintaining this support could lead to mid-term exits near 101,000 USD. However, breaching this support might indicate bearish pressures extend towards 92,000 USD.

Economic indicators reflect mixed signals: Despite bullish trends, indicators like RSI and MACD reveal selling pressure. Neutral oscillators point to market indecision. MAs suggest possible buying conditions. Sustained support above 97,000 USD may propel Bitcoin toward 105,000 USD, but falling below 95,000 USD hints at a deeper bearish phase.