Is $BTC about to decline? An analytical perspective after the recent rise

We have noticed a clear increase over the past few hours, but there are indicators that are beginning to suggest the possibility of a temporary decline in price.

One of the most notable observations is that the price has approached a resistance level and has started to gradually decrease, indicating the presence of selling pressure at these levels. Additionally, technical indicators show that the market may be in a relatively exhausted state, meaning that the recent rise may be followed by a natural correction.

On the other hand, there is a decrease in trading volume, which means that the momentum that was driving the price upward has begun to weaken.

If this decline continues, there are support levels where the price may stop, most notably near 92700, then 90900, with a possibility of 88400, which are areas expected to attract traders' attention.

The trend for Bitcoin remains positive, but current data suggests the possibility of a correction or slight decline before any new upward movement. It is advisable to monitor movements cautiously during the upcoming period; do not forget what we have seen before.