🔴 BITCOIN FACES CRUCIAL REGION: SUPPORT TURNING INTO RESISTANCE? (Technical Analysis with Exclusive Chart)

📉 WHAT IS HAPPENING?

Bitcoin is testing a critical region between US$94K and US$96K, which previously acted as essential support (purple arrows on the chart) and may now become a key resistance (orange arrows).

📌 ANALYSIS HIGHLIGHTS:

✅ Level History:

This range has held previous declines (support), but after the breakout, it turned into an obstacle for new highs.

It coincides with the 61.8% Fibonacci retracement level (as alerted in our previous live and post).

✅ Current Scenario:

BTC is facing rejection in this zone, indicating selling pressure.

A daily close above US$94K could pave the way for new tests, but the region US$96K is decisive.

🧠 WHAT TO EXPECT?

If it breaks US$96K strongly: A new bullish wave may be confirmed.

If it gets rejected again: Possible correction to US$90K-92K before another push.

📢 MARKET ALERT:

"I don't believe this resistance will hold for long, but it may be a moment of breath before new highs. Stay tuned for the daily close!"