The BTC rate updated yesterday's low, now at $92,100. Unlike #ETH and many other altcoins, it has updated.
The price is approaching the global trend line drawn from the highs of the bull market in 2021. We have already pointed out how it served as support in November-December. It is currently at $91,665.
Let's see if this support holds this time. In recent days, there have already been so many broken reversal signals on different time frames that it's worth looking for clues from the other end - searching not for potential reversals on higher time frames but for signals of actual reversals on lower ones.
Broken reversal signals do not cancel a reversal; they are merely a delay. Signals will return with the manifestation of bullish strength on lower time frames. Yesterday was the first attempt - a steady uptrend on the 15-minute time frame, but it was broken. And for now, almost all targets of the new stable downtrend have been worked out (the extreme - $91,827). We are waiting for the next attempt to rise.