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Can " #Bitcoin " avoid a new fall? The price is testing 92,000 Dollar.
1️⃣ The real resistance now is between 92K–95K
#بتكوين is moving within a narrow range between 90,300 – 92,000 after bouncing from a low of 80 thousand.
The point that changed the direction was the break of 93,300 ( the start of the year ).
To return to the actual rise, we must:
🔸 Recover 94K – 95K first.
Other than that, any rise is considered just a short correction.
2️⃣ Strengths and Weaknesses Areas
The real line of defense:
🔹 83K – 85K
A strong demand must appear in this area. Breaking it opens the door to a deeper fall.
Danger Zone Above:
🔹 93K – 96K
It is an area where thousands of currencies have been purchased previously... and thus it is considered heavy resistance.
After that:
🔹 100K – 108K
The area that #BTC must surpass to start its journey towards new peaks.
3️⃣ Current issue: very weak momentum
The market is still "cold", and the reason:
📉 The volume of transfers on the network has fallen by 20%
📉 The daily trading volume (spot) is only 12.8 billion — very low compared to bullish periods.
📉 The rise above 91K occurred without an actual increase in trading volume
The current movement is weak and does not depend on the entry of new liquidity.
4️⃣ What do we need for the return of the rise?
✔️ Clear rise in spot trading volume
✔️ Entry of new liquidity from major investors
✔️ The CVD shifted in favor of buyers
✔️ Breaking the resistances: 94K → then 97–98K → then 100K
Only then can we talk about the continuation of the rise.
#BitcoinSPACDeal #CPIWatch
$BTC
$ETH
$GT