$BTC đ BTC/USDT Market Update (4H | Binance)
Current Price: $92,923
24h Change: â2.32%
Bitcoin faced strong selling pressure, dropping from $95,500 to $91,910.
Price is currently trading below EMA(7) and EMA(25), indicating a short-term bearish trend.
đč RSI (14): 35 â Near oversold zone
đč MACD: Strong bearish momentum
đč EMA(99): Around $92,900 acting as temporary support
đ Key Levels
Support: $91,900 â $92,000
Resistance: $94,500 â $95,500
â ïž Bears remain in control. A clear confirmation is needed before expecting a trend reversal.