The current Bitcoin price is $94,927.0, down $2,159.0 (-2.22%) from the previous close. The cryptocurrency saw an intraday high of $97,086.0 and a low of $94,690.0.

Technical Analysis:

Overall Trend: Bitcoin is showing a long-term bullish trend, trading above its major moving averages, indicating strength in the upward momentum.

Key Levels:

Support: The first support is located at $94,690.0, followed by $93,000.0.

Resistance: The closest current resistance level is located at $97,086.0, followed by $100,000.0.

Technical Indicators:

Relative Strength Index (RSI): It is currently trading at the 60 level, indicating that the market is neither overbought nor oversold.

MACD Indicator: It is showing a bullish crossover, which supports the continuation of the uptrend.

Future Outlook:

If Bitcoin continues to trade above $94,690.0, it may test the next resistance levels at $97,086.0 and $100,000.0. On the other hand, if the price breaks the support level at $94,690.0, it may head towards $93,000.0 as a downside target.

Note: Cryptocurrency trading involves high risks due to its high volatility. It is always advisable to conduct careful analysis and consult a financial advisor before making any investment decisions.