Summary and current analysis of Bitcoin

Currently, Bitcoin is at a critical stage with resistance levels close to $100,000 and marked signs of volatility in the market. Although it has experienced a bullish rally in recent weeks, several factors suggest a possible bearish correction in the short term.

Reasons for a bearish trend:

1. Divergences in the RSI: Technical analysis shows bearish divergences on weekly charts, indicating possible cumulative selling pressure.

2. Impact of macroeconomics: Global economic uncertainty and potential unfavorable regulations in certain key markets could influence a price retracement.

3. Historical resistance: Levels close to $100,000 represent a strong psychological and technical ceiling, where significant profit-taking commonly occurs.

4. Predictions of downside support: If the bearish trend is confirmed, the key estimated levels are between $18,600 and $9,500, depending on the magnitude of the correction and the consolidation time.

Realistic price projection in case of a drop

If the bearish trend intensifies, the initial support range is around $18,600, with possibilities of extending towards $13,800 or $12,500 in the case of a more extreme scenario. This will depend on macroeconomic factors, such as regulatory decisions, and the behavior of market whales. #BecomeCreator #Bitcoin❗️ #$BTC #btc #binace #Bitcoin