11-12-2025 03:55 via newsbtc.com

Bitcoin Price Slides From Peak Levels—Is a Bigger Correction on Deck?

Bitcoin price failed to continue higher above $94,000. BTC is now gaining bearish pace and might decline further below $89,500.Bitcoin started a downside correction from the $94,500 zone.
The price is trading below $92,000 and the 100 hourly Simple moving average.
There was a break below a bullish trend line with support at $91,600 on the hourly chart of the BTC/USD pair (data feed from Kraken).
The pair might continue to move down if it settles below the $89,500 zone.Bitcoin Price Dips Again
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