📉SHORT: $BTC by (4H)

#BTCUSDT | #BTC | #Bitcoin

Current Price $94410.00

Market Cap $1875.11B

Change 1h -0.04% | 24h -0.31%

4-Hourly Indicators:

• RSI: 43 - Neutral 🟠

• MACD: -367 - Bearish 🔴

• EMA: 95077 - Trading Below 🔴

Analysis: Bitcoin's recent move above $94,000 might be its last hurrah, given a double breakdown from key trendlines. The Elliott wave hints at a corrective phase, suggesting the uptrend might lose steam. The ongoing bear market since 2025, influenced by political events, pushes prices lower.

Price Targets: Look for support at $88,961, then potentially at $85,256 and $83,442 if the bearish momentum continues. Predictions point to prices dropping below $70,000 and possibly $60,000. Stay cautious as volatility reigns!

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