Will it continue? 👍🚀🎃😅🐳⭐#binnacesquare

Bitcoin sees heightened volatility 

Bitcoin price action whipsaws between 78K-95K. 

Bitcoin liquidations reach almost $1 billion.

Bitcoin Volatility Index hits a 6-week high. 

Trump trade tariff worries overshadow crypto strategic reserve news. 

Institutional demand is weak & STHs are at a loss. 

#BitcoinForecast Bitcoin technical analysis 

After facing rejection at 95k, the multi-eek falling trendline and the 23% Fib retracement level of the 49k August low and 109.5k record high, BTC/USD rebounded lower. The price is once again testing the 200 SMA. 

Sellers, supported by momentum, will look to take out the 200 SMA support at 82.4 to retest 78.8k, the 2025 low. A break below here creates a lower low and could extend the bearish move towards 70k. 

Should the 200 SMA hold, buyers could look to rise above the 85k round number before testing the 90k resistance.