$BTC /USDT Rollercoaster: Bearish Pressure Continues!
Price Action & Key Levels:
$BTC is fighting to hold support after a punishing drop! Current price is $92,431.54, down -0.77% in 24 hours.
* 24h High: $94,150.00
* 24h Low: $91,756.57 (A critical zone was tested!)
* 24h Volume (BTC): 20,513.14
Technical Breakdown (15m Chart):
The short-term trend is clearly bearish:
* MA(7) at $92,296.94 is struggling to cross above MA(25) at $92,584.79, suggesting short-term resistance is holding.
* The price is trading well below the long-term MA(99) at $93,100.93—a bearish signal on this timeframe.
* STOCHRSI at 62.87 and MASTOCHRSI at 61.95 are elevated, indicating a potential overbought condition after the brief bounce, which could signal more downside is coming.
The Verdict:
The bulls need a major push to reclaim the MA(99) level. Until then, the bears have control, potentially driving the price back to test the recent low of $91,756.57.
What's your next move? Long, Short, or Wait?
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