Bitcoin (BTC) is currently trading within a range of 91k USD to 95k USD.
BTC remains in the process of forming a potential Head and Shoulders (H&S) pattern on the 1-day timeframe. The key neckline support is at 90,200 USD, and a breakdown below this level could confirm the bearish pattern, potentially sending the price toward 75,230 USD.
As long as BTC stays within this range, the market remains undecided. Watch for a decisive move either above 95,000 USD (to invalidate the pattern) or below 90,200 USD (to confirm further downside).
