BTC loses the main support – how low it is?

Bitcoin fell below the moving average for 100 days at 98 thousand dollars, which approached the main support level of $ 95,000.

However, low trade activity indicates that there is no strong momentum, which makes more uniformity in the short term possible.

Technical analysis

by Shayan

Daily chart

Bitcoin recently fell from the moving average for 100 days at 98 thousand dollars, indicating a slight increase in the pressure pressure. However, the lack of strong landing momentum indicates twice the participation of the market in general, as buyers or sellers offered hegemony.

Nevertheless, the collapse provides a declining bias, which increases the possibility of more unification and recovery towards the large support level of $ 90,000.

The graph for 4 hours

In the low time frame, Bitcoin prices tend to land, and gradually approach the lower boundary of the emerging canal. The market remains in a state of hesitation, with contradictory scenarios in play.

On the one hand, BTC is close to the critical support zone in the lower boundaries of the channel and a group of $ 90,000, which was historically as a strong demand area. This can lead to a reflection, which leads to regeneration of momentum ascending.

On the contrary, Bitcoin appears to form a dual pattern, align the neckline with the 90,000 -dollar support area, which also represents the lowest levels of the previous swing. A collapse below this level can confirm more declining continuity.

Currently, the BTC price will be about 90,000 dollars decisive in determining the next main direction, with more unification towards this expected level in the short term.

Series analysis

by Shayan

Bitcoin market is struggling with increasing concerns with the continued weakness of investor morale. This last gathering was fueled by the optimism surrounding Trump’s victory in the elections and expectations for the allocation of strategic assets in the United States

However, the escalation of geopolitical tensions, especially in commercial policies, has sparked risk behavior, which reduced market momentum. Moving forward, it is possible that the ongoing bullish step is to either solve this uncertainty or the appearance of new incentives.

Data on the series highlights these concerns as well. As shown in the graph, the number of active addresses and transactions related to bitcoin deposits and clouds have decreased significantly. If this trend continues, it may indicate the exhaustion of investors, similar to the peak market courses for the year 2017 and 2021.

Given the current circumstances, short -term price movements remain difficult to predict. If the market morale improves and Bitcoin regains an ascending momentum, it may enhance the investor’s confidence, and feed another gathering. However, if uncertainty continues, the market can enter another long standardization stage, similar to the recession seen in early 2024.