#اخبار_الكريبتو_العاجلة #عملات_رقمية #اقتصاد_رقمي #wct
Bitcoin is facing a strong resistance area at $92,000 amid a noticeable lack of buying momentum, raising concerns that the recent rise may be just a 'false rebound' before the currency enters a deeper correction phase.
Despite the rapid rise from the 0.618 technical level, the market has not recorded any significant increase in trading volumes that typically support bullish breakouts, which analysts consider the first signs of weakness. The convergence of the Point of Control (POC) with Fibonacci levels near $92,000 represents a key resistance area that was expected to see greater buying activity, but that has not materialized.
The calm coincided with positive news, including Harvard University's increase of its stake in the Bitcoin exchange-traded fund by 257% during the third quarter of 2024, but this did not reflect an improvement in market liquidity, indicating the fragility of the current rise.
If the price fails to consistently surpass the $92,000 area and begins to decline, Bitcoin may head towards support at $89,000, a key level in the market structure. Failure of this support means an increased likelihood of a drop towards the $86,000 area, which has strong liquidity and has not been tested since the beginning of the quarter.
