Bitcoin prices are currently consolidating near the $95,000 level and must break the $96,500 resistance zone to attempt a fresh increase. However, recent attempts to break the resistance have been met with selling pressure, causing the price to correct lower. There is support near $95,500 and $93,500, while resistance levels are at $96,500 and $98,000. If the price fails to break resistance, it could start a downside correction and potentially test the $92,000 support level. Technical indicators suggest that momentum is slowing in the bullish zone, and the RSI is below 50.



Other News from Today