Bitcoin approached the $100,000 mark again yesterday, but encountered strong resistance! The current price is $96,570, and the 24-hour trading volume reached 27.56 billion, but the $100,000 mark is still a place where shorts are heavily guarded! The selling pressure in the market is huge, hindering Bitcoin's breakthrough.
Technically, the TD sequence sell signal has been confirmed, and the pattern has appeared in an ascending wedge, and there is a downside risk in the short term. If the $95,000 and $92,000 supports are broken, the market may face a downside of $85,000 or even lower.
