Bitcoin Price Stumbles at $92K: Are Bears Gaining the Upper Hand?
Bitcoin price struggled to stay above $92,000. BTC is now consolidating gains and might dip again if there is a clear move below $89,500.Bitcoin started a downside correction from the $92,500 zone.
The price is trading below $91,000 and the 100 hourly Simple moving average.
There is a contracting triangle forming with support at $90,000 on the hourly chart of the BTC/USD pair (data feed from Kraken).
The pair might continue to move up if it settles above the $92,500 zone.Bitcoin Price Dips Again
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