Bitcoin price extended losses and traded below the $100,000 zone. BTC is showing bearish signs and might continue to move down toward the $91,200 support zone.
Bitcoin started a fresh decline from the $100,000 resistance zone.
The price is trading below $98,000 and the 100 hourly Simple moving average.
There is a key bearish trend line forming with resistance at $95,850 on the hourly chart of the BTC/USD pair (data feed from Kraken).
The pair could start a fresh increase if it stays above the $92,000 support zone.
Bitcoin Price Dips Again
Bitcoin price failed to start another increase and extended losses below the $100,000 zone. BTC gained bearish momentum below the $98,000 and $96,500 levels.
The price even spiked below $92,250. A low was formed at $92,159 before there was a recovery wave. However, the bears were active near the $100,000 level. A high was formed at $99,575 and the price started another decline. It traded below the $96,500 level.
There was a clear move bel
We współpracy z: https://www.newsbtc.com/analysis/btc/bitcoin-price-under-pressure-92k/
