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BTC (BTC) price prediction. The price of BTC (BTC) has dropped by 1.91% in the past 24 hours.
On the hourly chart, the price of BTC is trying to break through the local resistance at $94,623. If this happens, the uptrend may continue to the $95,000 area by the end of this week.
In the larger time frame, the situation is not very optimistic. If buyers lose the temporary area of $94,000, there is a chance to test the recent support level of $92,092.
The situation on the weekly chart is similar. Currently, there is no reversal signal, which means that there is still a possibility of further decline.
If the level of $92,000 is broken, traders may soon see a test of the $90,000 range.
At the time of writing, the trading price of BTC is $94,544.