High Volatility Dominates Bitcoin Price: Analysis Firm Identified Key Levels That Must Be Protected and Overcome!

According to a new analysis by MakroVision, the cryptocurrency market is experiencing weakness again after Bitcoin fell below the $95,900 support level following multiple tests.

The next key support area is currently in focus, and traders are closely watching to see if it will continue or if there will be further declines.

MacroVision's latest chart analysis reveals a downtrend trend characterized by Bitcoin's struggle to break above key resistance levels and remaining within a decreasing trend channel. The firm has identified the following areas as key levels to watch:

• 98,600 dollars: Bitcoin has failed to break this level several times, making it a very important barrier.
• 102,000 dollars: A continuous break above this region will confirm the bullish scenario.
• $91,700: A significant support area with important liquidity. A rebound here could stabilize the market.
• 87,500 - 89,900 dollars: If Bitcoin cannot hold in this range, further downward pressure may accelerate.

As Bitcoin trades near critical levels, analysts at MakroVision warn that a drop below $91,700 could trigger another sell-off.