Bitcoin experiences a death cross again, failing to recover the EMA10 and EMA20 lines for three consecutive days. The key resistance level is around $92,000, which is a very concerning sign. Currently, the daily chart shows a clear bearish trend. In the near future, it is highly likely to break below the $88,000 support and then test the $84,000 support again. Keep an eye on these two support levels. $BTC
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Bitcoin experiences a death cross again, failing to recover the EMA10 and EMA20 lines for three consecutive days. The key resistance level is around $92,000, which is a very concerning sign. Currently, the daily chart shows a clear bearish trend. In the near future, it is highly likely to break below the $88,000 support and then test the $84,000 support again. Keep an eye on these two support levels. $BTC