
Bitcoin Price ‘Lines up Nicely’ for $95K Drop Next Despite Bullish RSI Data
Why It Matters
A slide to $95K would test investor conviction in the current rally and could force deleveraging in a market crowded with speculative bets.
Summary
Bitcoin steadied into the weekend even as momentum metrics like the RSI turned increasingly bullish, but technical analysts warn the setup still favors a corrective move toward roughly $95,000 — a dip below the $100,000 threshold. Traders point to chart patterns and positioning that could trigger a pullback despite positive momentum readings, raising the risk of short-term volatility. A slide to $95K would test investor conviction in the current rally and could force deleveraging in a market crowded with speculative bets.
Bitcoin price ‘lines up nicely’ for $95K drop next despite bullish RSI data
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