1. Current Situation$BTC
BTC
90,546.66
-1.32%
#BTCVolatility has recently rebounded slightly after pressure, but the market is not yet fully stabilized.
Some analysts suggest that Bitcoin is nearing a "Death Cross" signal, meaning the 50-day moving average could fall below the 200-day one.
On-chain data and volume patterns indicate that large investors (institutions) are buying at lower prices.
2. Key Support and Resistance Levels
Support: Significant support may be around the $92,000–96,000 zone.
Resistance: If the bulls return, the $114,000-120,000 zone could be challenged.
According to some forecasts, if there is positive movement in the market, there is a possibility of reaching $125,000-$134,000.
