Bitcoin's Ongoing Decline: Insights on Future Trends from Analysis Firm's Latest Report

Market Downtrend: MakroVision's analysis indicates that Bitcoin is in a downtrend, with recent recovery attempts failing to break critical resistance levels and facing renewed selling pressure.

Critical Price Levels: The $91,700–$92,000 range is identified as a crucial decision zone; failure to surpass this level may lead to lower liquidity zones, while significant easing in the medium term requires breaking the $102,000–$105,000 band.

Weak Market Outlook: The analysis highlights that every upward rebound has been sold off decisively, reflecting a weak market outlook and limiting bullish scenarios.

Cautious Approach Recommended: Investors are advised to maintain a cautious stance until key resistance levels are breached, as the current market conditions suggest continued downward pressure.