$BTC What happens if 94,000 is broken?🔥🔥🔥
RSI (14) value is at 43.56, close to the oversold zone but not yet entered. This indicates that the market has weak momentum.
The MACD histogram is in the negative zone and the distance between the "DEA" line and the "DIF" line is widening. This indicates that the downward trend continues.
Trading volume (VOL) appears to be gradually decreasing, which may indicate that the price decline may be losing momentum.
The price at 94,000 is a critical support as the price retreats from the peak (108,353) and is in the process of a correction. In case this level is broken, it is necessary to be ready for lower levels.
Support zones: 92,000 and 90,000 are important to watch. This determines whether the business is consolidated or not. IT IS NOT INVESTMENT ADVICE.