#BTCOutlook

JUST IN: 🇺🇸 President-elect Trump nominates pro-Bitcoin Stephen Miran to lead his Council of Economic Advisers.

Bitcoin price extended losses and traded below the $100,000 zone. BTC is showing bearish signs and might continue to move down toward the $91,200 support zone. • Bitcoin started a fresh decline from the $100,000 resistance zone. • The price is trading below $98,000 and the 100 hourly Simple moving average. • There is a key bearish trend line forming with resistance at $95,850 on the hourly chart of the BTC/USD pair (data feed from Kraken). • The pair could start a fresh increase if it stays above the $92,000 support zone. Bitcoin Price Dips Again