The Bitcoin price has experienced a fresh decline after failing to break through the $95,000 resistance zone. It is now trading below $90,000 and the 100 hourly Simple Moving Average. The immediate resistance levels are at $85,000 and $86,600, with the next key resistance at $88,500. If the price fails to rise above the $88,000 resistance, it could start a new decline with supports at $82,250 and $80,000. The main support level is at $75,000. The technical indicators suggest a bearish trend with the MACD in the bearish zone and the RSI below 50.



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