Bitcoin (BTC) price is about $90.6 per kg.

Bitcoin entered a critical one-week level after passing the 38.2% Fibonacci retracement retracement of Offully's Reminder, sliding into a key technical support area. Now, with the price above the $90,600 level, traders should look carefully to see if the market is preparing for a bearish correction or not. The current structure indicates the processing of disturbance, transit exchange and expansion processing – but the direction is uncertain.

BTC lands despite selling pressure from the network and market activity

Over the past 24 hours, the price of Bitcoin (BTC) has been selling pressure to control the chaotic movement. The exchange issuers continue to be positive about the situation, chain data shows a reduction in the distribution of trauma. Trading volumes have cooled after last week's volatility, but liquidity remains strong throughout the main space and markets.

Miners have shown steady behavior, a stable flow of criminals and consistent block production. This is a key sign that there is no associated mineral capital – unless the mango pest worsens.

Technical drawing: B.C.C.

Bitcoin is currently below the $98.18.% Fi fibonccie ($98.2% FireaCcci) level highlighted in your chart. Failure to return this zone increases the risk of downward pressure injury.

Break down the key technical indicators

B.C.C. The landscape played in the independent cluster. When large stocks accumulate historically. Hort-time support is from $8,000 to $8,000.

Despite the drag, the extension indicators show signs of stabilization. RSI is flat, and OVV is staying in the high bands, suggesting that the decline will not go down in fear of selling.

b What is next for the Ritcoin (BTC) price rally?

Bitcoin's current structure puts it in a critical collective adjustment. If BTC is able to recover the 38.2% fib level with strong volume, the market may try to enter the upper reversal band into the other RERBARA band and push the $108k $116k reset zone. However, if consolidation is successful and macro conditions are imposed, it is advisable to test lower supports before looking for a more stable base.

In the year At the beginning of 2025, BTC Boeing mainly depends on this support cluster. The recovery associated with $98 kg is more than 98 kg. From 88 kg. At the bottom drop from 88 kg.

In general, the price of Bitcoin is entering an increasing phase where it is approaching the next major expansion or the bottom.