Bitcoin has taken a big hit this week, dropping to around $90,900. This comes after breaking through the trendline, which suggests a shift in momentum, and after slipping below the support level at $95,750. This shift has pushed the trend from an uptrend to a downtrend, hitting daily resistance that was broken, which now acts as new support until we see a bounce back. If it can reclaim the broken support at $95,920, then we might see it target the upper resistance zone around $99,000. But if it can't get past $95,920, we might see it dip again, possibly testing that $90,900 support again, and if it breaks that, it could head down to the next support level at $87,100.
Bitcoin Price Update
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Why did you create two identical topics?
https://bitcointalk.org/index.php?topic=5520859
I suggest you lock one of them because it is against the forum rules.