Examining the trend in the one-hour time frame, Bitcoin has broken the bottom support of the ascending channel in the range of 97192-97773, and now there is a possibility of a price decrease due to the decrease in the moving averages of the ALLIGATOR indicator.
Overall, the scenario is reinforced that Bitcoin can decline to the support of $93,653, provided it holds the important resistance range in the range of 97,773-97,192.
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