Bitcoin (BTC) is showing potential for a bearish move. Here’s the latest analysis:
Analysis Overview:
Sell Signal: Bitcoin is currently aligning for a sell direction at 92K USD. This level seems to be the key trigger point for a possible move downward. Technical Target: Based on current market conditions, the technical target for BTC is 85K USD. If the bearish momentum plays out, we may see a further decline towards this level. Key Levels:
Resistance: 95K USD – If Bitcoin retraces upward, 95K USD could act as a strong resistance level, limiting further bullish moves. Support: 90K USD – Watch this level closely, as it could serve as a short-term support before any deeper pullbacks.