CoinVoice latest reports that crypto analyst Lennaert Snyder stated that BTC price has declined to approximately 91,000 USD, while also breaking below the support level of approximately 92,155 USD on the 4-hour chart, confirming the downtrend. The analyst indicated he is seeking short opportunities, with a final target price at the monthly opening price of approximately 87,600 USD (with 2 take-profit levels set in the process of reaching lows). Additionally, BTC price has support near 90,500 USD; if there is a strong bounce and reversal at this level, the short position will be closed. If BTC successfully breaks through approximately 96,500 USD, the stance will turn bullish.
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CoinVoice latest reports that crypto analyst Lennaert Snyder stated that BTC price has declined to approximately 91,000 USD, while also breaking below the support level of approximately 92,155 USD on the 4-hour chart, confirming the downtrend. The analyst indicated he is seeking short opportunities, with a final target price at the monthly opening price of approximately 87,600 USD (with 2 take-profit levels set in the process of reaching lows). Additionally, BTC price has support near 90,500 USD; if there is a strong bounce and reversal at this level, the short position will be closed. If BTC successfully breaks through approximately 96,500 USD, the stance will turn bullish.