Bitcoin’s recent bounce has stalled, as strong resistance around $93,000 once again pushed the price lower, according to Cointelegraph Markets Pro and TradingView.
On the two-day chart, this level lines up with the yearly opening price and the top edge of a bear flag structure. If BTC breaks below the lower band of the flag, near $91,000, the pattern would likely confirm a continued downtrend.
This breakdown could pave the way for a move toward $68,000–$69,000, aligning with the pattern’s projected target, and close to the 2021 all-time highs. Such a drop would mark an overall pullback of roughly 27% from recent levels.
