@fexuro.base.eth
$Bitcoin $BTC continues to trade under bearish pressure after multiple rejections near the 103K–104K resistance area. The recent lower highs indicate that buyers are losing momentum, while sellers maintain control of the short-term structure.
The next key level to watch is the 92K support zone, which aligns with a major demand area and previous consolidation base. This level has acted as a strong reaction zone in the past meaning a solid bounce here could trigger a technical rebound back toward 97K–99K.
However, if BTC breaks and closes below 92K, it may confirm a continuation of the broader downtrend, with potential downside targets around 89K or even lower.
This week’s price action around 92K will be crucial. A decisive reaction from this zone will likely determine whether BTC is preparing for a relief rally — or another leg down in the ongoing correction.
0 reply
1 recast
2 reactions