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Bitcoin tries to maintain the impulse above the long -awaited $ 100,000 mark has faced a rigid resistance, which leads to a strong setback. His rejection of this psychological level has fed the bearish pressure, pushing BTC to a corrective phase as sellers take control. Now, all attention becomes key Support areas That could determine if Bitcoin stabilizes or extends its decrease.
BTC could see a strong rebound if buyers intervene in critical support levels, reviving the bullish impulse. However, a maintenance failure above these areas can open the door for more disadvantagepotentially testing lower price levels. As uncertainty closes, the next Bitcoin movement will be essential to shape its short -term trend.
The bearish pressure is mounted as Bitcoin fights to maintain the profits
Bitcoin is currently experiencing strong bearish pressure, approaching the level of $ 93,257 while negotiating below the single mobile (SMA) average of 100 days. This downward movement reflects weakening impulse As sellers continue to dominate the price action. Its inability to break above the $ 100,000 brand and claim the 100 -day SMA suggests that BTC can remain vulnerable to greater decreases unless buyers intervene in key support levels.
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The descending movement suggests a change in the feeling of the market, with a decrease in bullish force and greater volatility. If Bitcoin does not stabilize about $ 93,257, he could open the door for a higher downward trend, testing lower support levels. However, a strong defense of buyers in this range would indicate an attempt to reversal, offering an opportunity for Bitcoin to claim the lost terrain and recover its upward trend.
In addition, Bitcoin’s relative resistance index (RSI) is also gaining bearish traction that decreases from the neutral territory to the overall area. This change suggests weakening buy pressure, allowing sellers to dictate the price action. A continuous fall in the RSI could reinforce the downward trend, indicating the potential of additional decreases if the bearish feeling persists.
However, if the RSI approaches the overall conditions, it can indicate that Bitcoin is close to a point of exhaustion, where buyers could intervene to activate a short -term rebound. The next trade sessions will be crucial to determine whether Bitcoin finds support or extends its decrease in assembly bearish pressure.
What follows Bitcoin? Critical levels to look
Bitcoin’s recent rejection at $ 100,000 has put the key support levels in the care center as the bearish pressure intensifies. The level of $ 93,257 now serves as a crucial test; It is likely to keep in mind that it indicates a possible rebound, while a break down It can accelerate losses towards lower support areas.
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It should the price drop Under the crucial support level of $ 93,257, the bassist impulse could accelerate, increasing the probability of a deeper correction. Such breakdown can activate an additional sales pressure, pushing Bitcoin to the next key support zone at $ 85,211.
However, if Bitcoin remains above the support level of $ 93,257, could activate a rebound Towards the $ 100,000 brand. A rupture on this key endurance reinforces the upward movement, racing the way for profits.
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