🔥 Stunning Reversal! Bitcoin surged to 96400 before falling back, 92000 is the battleground for survival! 😱📉

The pink support line has been breached, could the main force dump to 85000?

Bitcoin Trend Analysis

After rebounding to 96400, Bitcoin lacks momentum, and the much-watched pink support line has failed. The main force may take a reverse operation, breaking through the support to harvest the chasing long positions. The SRSI in the 4-hour chart has peaked, and the RSI shows a top divergence, indicating a bearish signal.

Key Levels and Outlook

The next key support is 92000; if it holds, the daily EMA20 moving average may help the price rebound to 102000. If negative news strikes, 85000-86000 becomes the ultimate bottom. A fierce battle between bulls and bears is underway; if the price can build a bottom and rebound above 92000, otherwise, a complete collapse could be imminent. The market is delicate, and it is crucial to anticipate the main force's movements in advance!