Bitcoin: Resistance and Correction

🔵Bitcoin is undergoing a correction, slipping below $96,500 after its recent rally. The current price has dropped under $95,000 and the 100-hour moving average. A breakout above the short-term trendline at $94,200 provided temporary support, but the key resistance at $95,750 remains a critical barrier.

🔵If BTC breaks past $95,750, the next targets would be $97,350 and $98,880. A close above these levels could propel the price toward the $100,000 milestone. On the downside, major supports lie at $93,800 and $92,500. A breach of the $90,000 level could result in a decline to $88,000.

🔵Technical indicators reflect uncertainty, making the upcoming levels crucial for determining the cryptocurrency’s next direction.