In the last hours, Bitcoin $BTC BTC has shown consolidation in a narrow range between $92,500 and $93,500 USD. The trading volume has been moderate, suggesting a lack of clear conviction from buyers or sellers at this moment.

Key Levels to Watch:

•Support: The level of $92,000 USD remains an important short-term support. If the price falls below this level, we could see a further correction towards the $91,000 USD zone.

•Resistance: On the other hand, the resistance at $93,500 - $94,000 USD is acting as a ceiling. A convincing breakout above this zone could indicate a new attempt to reach recent highs.

Technical Indicators:

•The RSI (Relative Strength Index) on the 4-hour chart is around the 50 level, which does not indicate a clear overbought or oversold condition.

•The MACD (Moving Average Convergence/Divergence) on the same timeframe shows an emerging bearish cross, which could suggest short-term selling pressure.

Conclusion:

The Bitcoin market is at a moment of indecision. Traders will be watching for the breakout of the key levels mentioned to determine the next price direction. Keeping an eye on the volume will be crucial to confirm any movement.

What is your long-term analysis for Bitcoin? Do you think we will surpass $100,000 USD this year? Share your opinion, and remember that by doing so on Binance Square, you could earn trading commissions! 👇 #BinanceSquareBTC #AnalisisBTC #bitcoin #trading $BTC