Yesterday I pointed out that bitcoin has held $92,000 (or close to that level) six different times since breaking above $100,000 for the first time. Another test looms now as it trades dangerously close to that level and at the lows of the day.
Bitcoin card 5 minutes
We have already broken yesterday's low of $92,724 and that triggered additional stops in the last few minutes. These are the lows of the year so far but I wouldn't expect any major stops until the December 30th low of $91,262 is broken, if not the $90K level.
If these go, you could argue that there is something of a false head and shoulders pattern targeting $78K.
bitcoin per day
