Bitcoin to 94 thousand dollars? Analysts flags of the risk of BTC price declining: This is the reason star-news.press/wp

• Bitcoin fell from 105 thousand dollars to $ 102,000, with an analyst looking to 94 thousand dollars as the following main support zone.
• BTC’s open interest data showed that it entered a dedicated sale area, which increases the risk of the negative side.

Bitcoin (BTC) fell from 105 thousand dollars to 102 thousand dollars after touching a brand of $ 100,000 for a short period, rocked the increasing geopolitical pressure.

The American air strikes of Israel on Iran sparked a new round of fluctuations, forcing the risk assets – especially encryption – to relax strongly.

Despite the moderate apostasy to 102 thousand dollars, the BTC look is still a short -term BTC look at a threat, with Analysts You are now looking forward to a possible decrease to 94 thousand dollars.

Bitcoin loses momentum

According to Cryptoquant analyst Burak KismisiBitcoin lost its rhythm.

On the daily chart, BTC was traded less than the FVRP Inteste Mubadaf area at $ 95,000, indicating the loss of the value of consensus.

When BTC is less than this level, this means that prices are trading without a region of great importance as most investors have gained. Thus, if the prices continue to keep this level, the sale pressure is expected to increase.

Of course, such a break that coincides with the resistance of a heavy spot – such as SMA50 near $ 105,000 – is unlikely to be the upward continuation in the near term.

Two rejection, one result

BTC recently failed to close over $ 105,000 for the second time, confirming that it is short -term resistance. More importantly, it was closed under SMA50 again, and opened the path for more losses.

The loss of momentum is more evident by the RSI.

RSI decreased to 41.59, at the time of the press, much lower than the level of 50 neutral. RSI also heads under SMA14, which reflects the increased control of the seller.

If their hegemony continues to rise, the negative momentum will be strengthened.

Based on this measurement, the declining direction will continue, with BTC drop to 94 thousand dollars. This is because the Val level in FRVP indicates approximately 93-94K.

We are in the depths of the land with the benefit

Moreover, open interest data and price changes from Checkonchain put a BTC position in a clear sale area.

Often, these signals weaken the momentum and continue the risk of the downside unless the short pants are pressed or music buyers enter. This is what happened mostly on daily plans, as prices were recovered from a decrease in $ 100,000.

Despite the recovery to 102 thousand dollars, the declining momentum is still strong as investors took a step to the market.

Bitcoin NVT flash in red

The story on the series also supports a landmark.

At the time of writing this report, the Bitcoin NVT ratio increased to 60.9, indicating that the price increases without the size of equivalent transactions.

In other words, the last bounce lacks organic support. When the NVT ratios rise like this, it often indicates unnecessary prices – a warning of the inventor.

Such a step will see a decrease in BTC to $ 97,917 before another leg attempt. However, if the short positions that were registered over the past day continue, BTC can recover and recover $ 104,000.