Bitcoin Price Analysis: What’s Next for BTC After Sharp Drop Below $84K?

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Bitcoin is trading below $84K after failing to sustain its push toward the $90K region. The technical structure remains constructive with BTC holding above the 200-day moving average around $72K and the $75K demand zone. Major resistance sits around $88K, where a convincing breakout would expose the next target near $96K. The 4-hour chart shows a break below the ascending triangle pattern, with the 4-hour RSI dropping to around 38 near oversold territory. The taker buy/sell ratio has declined to approximately 0.994, indicating weakening aggressive buying pressure and reducing the likelihood of a clean breakout.

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Telemac
Telemachttp://cryptoinfo.ch
Passionné de nouvelles technologies, j’explore l’univers de la blockchain et des cryptomonnaies pour partager l’actualité et les innovations du secteur.

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