#BTCBelow92K To accurately analyze the Bitcoin process and its expected stability in the next 24 hours, several technical and fundamental factors and indicators should be considered. Here are some key points:
Technical Analysis:
Bitcoin’s rejection at $99,500 could signal a bearish trend, with a possible break of the support level at $90,000. A temporary rise to the support area between $90,000 and $95,000 could occur before the decline resumes.
Liquidation zones show that Bitcoin is not satisfied with selling at the moment, with the possibility of continuing the decline. A rise to $97,000 could occur to draw liquidity and then a decline to $94,500 - $93,000 levels, with a possible rebound to levels near $100,000 levels.
A detailed analysis indicates a soft landing to the $92,000-$93,000 area, with a possible temporary and rapid break of $92,000 before a potential rally to $96,000.
Fundamental Analysis:
The upcoming halving in April 2024 could significantly impact Bitcoin’s stability, as it reduces the supply of new Bitcoin, a factor that could support the price in the long run.
ETFs and the SEC’s decisions on them could increase volatility, but could contribute to price stability if accepted.
Expected Stability:
Based on current analysis, Bitcoin appears to be volatile in the next 24 hours, with a tendency to decline before any potential rebounds. Stability may be limited due to the factors mentioned above.
Real-Time Potential Ratio:
There is no specific source in the query that provides a real-time potential ratio. However, technical analysis and forecasts can be followed through platforms such as TradingView or Google Finance to get the latest updates on prices and forecasts.
