#ChristmasMarketAnalysis

BTC/USDT Technical Analysis (4H Chart)

📉 Current Price: 92,996.21 USDT (-2.43%)

• EMA (20): 96,008.91 | EMA (50): 98,286.49 | EMA (200): 96,232.43

BTC is trading below all major EMAs, confirming a bearish trend.

📊 Indicators:

• RSI(6): 25.78 (Oversold) | Williams %R: -91.40 (Oversold)

• MACD shows strong downward momentum with negative divergence.

📌 Key Levels:

• Support: 92,520 | 83,186.80

• Resistance: 95,500 | 96,000

💡 Outlook:

Oversold conditions may lead to a short-term bounce, but the trend remains bearish unless BTC reclaims 96,000. Break below 92,520 could accelerate the decline.

#BinanceLaunchpoolBIO #Write2Earn! #MicroStrategyInNasdaq100 #ChristmasMarketAnalysis $BTC