2025-12-09 19:29:10

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BTC price stuck between two trendlines
Bitcoin’s recent recovery was rejected by resistance from the yearly open at $93,300, which coincides with the 200-period simple moving average (SMA), as shown on the four-hour chart below.

This move, however, saw BTC/USD find support at the $89,000-$90,500 demand zone, where the 50 and 100 SMAs currently are.
BTC price stuck between two trendlines
Bitcoin’s recent recovery was rejected by resistance from the yearly open at $93,300, which coincides with the 200-period simple moving average (SMA), as shown on the four-hour chart below.

This move, however, saw BTC/USD find support at the $89,000-$90,500 demand zone, where the 50 and 100 SMAs currently are.
Bitcoin price is required to rise above the resistance at $92,000 and higher than the 200 SMA to break out of the downtrend and stage a sustained recovery toward $100,000.

$BTC ‌ support for a prolonged decline that can go as low as $40,000.

BTC-2.75%

GAUSDTGATE

MC:$3.57KHolders:2

0.00%

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