$BTC

Bitcoin Analysis 📊

Bitcoin has reached a critical trendline support, with a high likelihood of a breakdown. If this occurs:

- Price could drop to $92,800 (immediate support)

- Next major support: $91,800

Key Levels to Watch

- Trendline support: Crucial for Bitcoin's short-term direction

- $92,800: Immediate support level

- $91,800: Major support level

Market Implications

- Holding above these levels is crucial for Bitcoin's upside potential

- Breakdown could lead to further price declines

What's your take on Bitcoin's current situation?