$BTC has not received enough reaction even from its strong support around 92K. I thought that 92K support would push the price above 96K at least. But so far this has not happened. Selling pressure is very high and the number of resistances that need to be broken is increasing and getting stronger. I continue to stick to my bearish scenario. My target of $87500 is currently unchanged but if the downside momentum continues to increase I may need to revise the target downwards.
