Bitcoin faced strong resistance at $96,000 and failed to confirm the breakout, leading to a rapid decline.

Currently, the price is trying to stabilize around $93,000.

If it fails to maintain this support, we may see a downward movement towards the areas of $91,000 – $90,000.

If the price regains upward momentum and closes above $96,000 with a strong candle, we may witness a continuation of the rise towards $98,000 – $100,000.