Analysis for $BTC

- The price seems to be consolidating within a symmetrical triangle. This technical formation suggests that the market is accumulating momentum before a breakout, which could be bullish or bearish depending on the prevailing pressure.

Key levels:

- Immediate resistance: 95,223.

- Important supports: 94,605 - 93,649 and 92,739.05.

- MACD: Currently in negative territory, indicating bearish pressure. However, the histogram shows a possible weakening of bearish pressure, which could indicate an attempt at recovery.

Possible scenarios:

- Bullish breakout: If the price breaks above the upper resistance of the triangle, it could head towards higher targets: 97,039, 97,661, and 98,762.

- Bearish breakout: If the price loses the support of the triangle, the next target would be: 94,605, 93,649, and 92,739.