This thread is more about speculation than trading. It does not belong to trading discussion but speculation board instead.
if the price succeeds in breaking out, the price will try to pursue the highest supply / resistance area at $99,000 but if the price fails to break through $95,920, the price will reversal back down to try once again to break new support at $90,900 and if it is broken the price will continue its journey to the next support point at $87,100.
Bitcoin price right now is slightly above $96000. But I am still doubting that bitcoin might make it to $99000 for now. But neither do I believe bitcoin will make it below $90000. The resistance that I see is more at $90000.
If bitcoin fall further, it may want to make support at a price slightly below $99000. Then $88000. If the price of bitcoin fallsore than this, bitcoin may continue to fall to $85000.