Bitcoin Price Loses $90K, Traders Brace for a Volatile Next Move
Bitcoin price started a fresh decline below $90,000. BTC is consolidating losses and remains at risk of more losses if it dips below $88,000.Bitcoin started a sharp decline below $92,000 and $90,000.
The price is trading below $90,000 and the 100 hourly Simple moving average.
There is a bearish trend line forming with resistance at $94,200 on the hourly chart of the BTC/USD pair (data feed from Kraken).
The pair might continue to move down if it stays below the $92,000 zone.Bitcoin Price Dips 5%
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