The price of Bitcoin is currently consolidating its losses below the $95,500 zone and showing bearish signs. It was able to start a short-term recovery wave and climb above $94,000, but the bears are still active below the $95,800 level. If it is able to break above this resistance, the price may rise further and test the $97,000 and $98,800 levels. However, if it fails to rise above $95,800, it could start a fresh decline and the immediate support is near $92,500. The key support levels are $92,000 and $91,200, while the key resistance levels are $95,000 and $95,800. The technical indicators, such as the MACD and RSI, are currently bearish.



Other News from Today