🚨 Bitcoin Bears in Control: Will $92,500 Hold? 🚨
Bitcoin’s price action is heating up, but not in the way bulls hoped! Currently sitting at $94,354 (-2.08%), BTC is struggling to recover key levels, leaving traders on edge.
📊 24H Stats Recap:
High: $96,654
Low: $92,500
Resistance Zones: $95,000 and $96,500
Support Danger Zone: $92,500
🧐 Key Chart Insights:
BTC is stuck below its 100-hour SMA, hinting at continued bearish momentum.
The MACD is deep in the red, and RSI sits below 50—classic signs of a challenging road ahead for the bulls.
A critical bearish trendline is capping gains near $95,000.
💡 What’s Next?
$92,500 is the level to watch! A break below this could open doors to $91,500 or lower.
Bulls need to break above $96,500 to spark hope for a move back to $98,000 and beyond.
🔥 Your Turn:
Will BTC bounce back or sink deeper? Share your thoughts below!
