The Bitcoin price is currently consolidating above the $95,000 support zone and struggling to rise above $98,800. It failed to break the $100,500 zone and started a decline, falling below $98,000 and the 100-hourly Simple Moving Average. The immediate resistance is near $96,750, with key resistance at $98,000 and a bearish trend line forming at $98,200. If it does not rise above $98,000, it may experience a fresh decline with support levels at $96,200 and $95,500. The main support sits at $91,000. Technical indicators show a bearish trend in the MACD and the RSI below the 50 level.



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