This is why the $91.8K level is so important for #Bitcoin.
After the Federal Reserve meeting, the stock fell below its previous level, triggering a broad market correction.
Is it time to be scared?
Maybe, but now is not the time.
The market continues to make higher lows, which clearly indicates that the market is on an upward trend in the lower time frames.
If Bitcoin climbs back to the $91.8K resistance level and breaks through it, I wouldn't be surprised.
Some notable interesting points:
- If it falls below the $89.5K low, it could trigger a larger decline and may test the $80K double bottom pattern.
- If the $91.8K level holds, the situation is similar to the previous sentence.
I still think $ETH will be more interesting than Bitcoin, especially if the upward momentum continues.



