Analysis of BTC/USDT | A Close Look at the Coming Hours
Bitcoin is now at 92,671 after a noticeable drop from the daily high of 94,696. Is this the beginning of a reversal or just a warrior's rest before further bleeding?
What we see with technical precision:
The price is currently below MA-25 (93,080), which keeps the selling pressure ongoing.
The 91,660 area was a temporary bottom, and the price has bounced off it twice so far, making it a very sensitive support.
The MACD indicator is still in the negative zone but has begun to show a slowdown in selling momentum – watch for a bullish crossover soon.#BinanceAlphaAlert bnb $BTC