Bitcoin (BTC) has resumed its downward movement, now testing the $95,195 level. A break below this support could confirm the continuation of the correctional bearish trend, with new targets potentially reaching $90,750 and $87,055.
The bearish outlook will remain in play unless Bitcoin rallies and breaks above $100,800, with a sustained move above this level invalidating the current negative sentiment.
Expected Trading Range:
Support: $94,000
Resistance: $99,200
Trend Forecast: Bearish
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