$BTC Bitcoin has shown clear signs that its recent peak may have been reached. In recent days, it has begun a correction process, and if the price approaches the 97,400 area again, it is likely to encounter strong resistance and continue to adjust downward.

Currently, selling pressure is notable, especially at levels close to $98,500 and $99,000, making it difficult to surpass those areas in the short term. Additionally, volume has decreased, and technical indicators show divergences, reinforcing the bearish outlook.

The key levels to watch are:

• Resistances: 97,400 / 97,800 / 98,500 / 99,599

• Supports: 94,700 / 93,600 / 92,400 / 91,600

In summary, as long as the mentioned resistances are not strongly surpassed, the scenario remains bearish in the short term.

What do you all think? I say a deeper correction is more likely.