$BTC Technical Analysis

On the daily chart, Bitcoin has broken through the descending trend line formed in March-April and has settled above the $92,000–$93,000 level, which now acts as support. However, the price faces resistance in the $96,000–$100,000 zone, where selling activity was previously observed.

The Coinbase Premium Gap indicator, which shows the difference between prices on Coinbase and other exchanges, has dropped to -5.07, which may indicate a decrease in interest from American investors.

🧭 Short-term Forecast

• Bullish scenario: A breakout above the $95,800 level may pave the way to $97,400–$98,000.

• Sideways movement: Consolidation in the range of $93,500–$95,500.

• Bearish scenario: A breakdown of support at $91,800 may lead to a decline to $90,000.