🚨Bitcoin Tests Key Support as Market Momentum Softens

CoinGabbar

Bitcoin slips near critical support levels as selling pressure persists. Short-term charts signal weakness below key moving averages, while traders closely watch $93.5K resistance and $90.5K support. CME gaps continue to remain on the radar amid ongoing market consolidation.  📊 Stay informed with #CoinGabbar for real-time crypto market Updates.  #Bitcoin #BTC #CryptoMarket #PricePrediction #CryptoNews #MarketUpdate #BitcoinPrice #BTC

Transcript

00:00Bitcoin price faces pressure after rally. Bitcoin rallied, then stalled as selling pressure emerged,

00:06causing momentum to fade after initial buyer control weakened. Price trades near $91,000 to

00:12$91,500, with key supports at $90,500 and $88,800 defining short-term risk zones on charts.

00:20Lower timeframes show a falling channel, repeated rejections near $91,500 to $92,000,

00:26and pressure below the 50 EMA. Daily chart remains range-bound between $88,000 and $94,000,

00:33signaling uncertainty until a decisive close occurs.

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