It seems that the Bitcoin selling movement is strong. The price could not maintain the upper area, so sellers rushed to buy. The momentum is retreating, and the Relative Strength Index also shows weakness. If this pressure continues, Bitcoin could easily slide back toward the lower demand area.

Entry area: 92,300 - 92,600

Stop loss: 93,160

First profit target: 91,200

Second profit target: 90,400

Third profit target: 89,500

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BTC

90,377.5

-1.72%