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Bitcoin Price Analysis! Bears in Control as Support Weakens 📈
$BTC is trading between $94,853 and $95,202, showing subdued activity with a $1.88T market cap and $31B daily volume. Over 24 hours, it ranged from $94,898 to $98,467, sitting 12.6% below its all-time high.
The 1-hour BTC/USD chart signals a bearish trend with lower highs and lows. If bitcoin falls below $94,500, it could test $92,000. Meanwhile, $98,500-$100,000 remains a key resistance, without a breakout, bearish sentiment prevails.
#Bitcoin #BTC Price Analysis