Bitcoin Price Sharp Pullback Raises One Question: Will $92K Hold?

Bitcoin price started a fresh decline below $95,000. BTC is consolidating losses and remains at risk of more losses if it dips below $92,000.Bitcoin started a sharp decline below $95,000 and $94,000.
The price is trading below $93,500 and the 100 hourly Simple moving average.
There was a break below a declining channel with support at $93,550 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 $954000 zone.Bitcoin Price Dips