Analysis for $BTC

Key Support:

- The level close to 95,000 is acting as immediate support, coinciding with a relevant upward trend line. If this support is lost, the next important levels are 90,468 and 88,732.

Nearby Resistances:

- 97,975 and 100,012 are the first resistances to overcome for the price to confirm a recovery. Higher up, the levels of 103,526 and 104,078 represent critical resistance areas.

MACD:

- The MACD is in negative territory, although it shows an attempt at a bullish crossover. This could indicate a slowdown in bearish pressure and the possibility of a rebound.

Possible Scenarios

- Bullish Scenario: If the support at 95,000 holds, the price could attempt to recover the levels of 97,975 and then 100,012. A confirmed bullish crossover in the MACD would support this movement.

- Bearish Scenario: If the price breaks the support of 95,000 and the upward trend line, it could look for lower levels, such as 90,468 or even 88,732. This would be confirmed by a bearish acceleration in the MACD.