$BTC

Technically, Bitcoin is currently showing a symmetrical triangle pattern on the 1-hour chart, indicating a potential major move in the near future. However, with the lack of strong buying momentum, Bitcoin has the potential to fall further to the US$ 94,100 – US$ 92,600 range.

Currently, Bitcoin is still moving without a clear direction after consolidating in the last 24 hours. However, based on previous patterns, Bitcoin is likely to fill the fair value gap at US$ 99,500 before continuing to decline further.