Bitcoin / TetherUS
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BTC: Still Bearish and Lacking Hope for a Significant Rise

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BTC - Still Bearish and Lacking Hope for a Significant Rise

In our last analysis, BTC experienced a deep pullback, halting twice near the resistance zone of 90600 - 91600. Both times, BTC declined by 14.50% to 19.50%, even as the market anticipated a bullish wave.

Currently, BTC is holding strong, with the highest potential being a possible rise to 90600 before moving further down. The prospects for a movement above the 110K mark have significantly diminished.

Let's see what unfolds next.

You may find more details in the chart!
Thank you and Good Luck!

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