$BTC / BTCUSDT (Perpetual)

Current Price: 94,540

Change: -0.89%

Key Technical Insight:

If the daily candle closes below $93,500, the downtrend is likely to continue. The next major support is around $90,950.

If $90,950 holds, there's a strong chance we see a move toward $100,000.

If $90,950 breaks, expect a potential drop toward $88,000.

Important Date: May 7th

The Fed Interest Rate decision will be released, followed by a press conference.

A rate hike or no rate cut could trigger negative market sentiment and reinforce the existing downtrend.

Stay alert and watch the price action closely.

#Bitcoin #StrategicBTCReserve #MarketPullback $BTC