Bitcoin ahead of US stock market opening 
$86,989.86 It returned to its daily bottom and the $93 thousand resistance could not be overcome again. Although the only expectation of investors is for the support to remain strong for now, the hours when volatility is annoying again have begun. Today’s closing is important for the weekend performance and we will try to predict what awaits us by looking at many important data.
Will Bitcoin Fall Continue?
Strong bounce from $84k Bitcoin It could not show the expected performance in the resistance zone. According to CryptoQuant data, BTC, which remains below the average realized price, cannot escape instability. The analyst with the pseudonym Darfost says the medium-term investor cost should be overcome. This shows that the price that Bitcoin must exceed to end its continuous decline is 97 thousand dollars.
In the scenario where the cost zone for 6 to 12-month investors is exceeded, BTC can continue its ATH journey again.
“A break above this level would put these investors back in a comfortable position, restoring their potential earnings expectations and encouraging them to continue holding rather than selling, which would bring some stability.”
However, passing 97 thousand dollars does not mean anything on its own. We should continue to close above it and not see that the higher peak turns into a selling opportunity again. DaanCrypto, on the other hand, remains hopeful as long as the $88,000 support is maintained. However, if BTC violates this support again, the sales around 70 thousand dollars, attracted by names such as Roman Trading, may deepen.
Cryptocurrencies Weekly Closing
Rekt Capital has been quiet for a long time and is back on the scene with the potential for a big breakout soon. According to him, the annual opening level of $93,000 must be maintained and we should not see any further weekly closes below the $93,500 resistance.
“A weekly close above $93,500 and a break of this level followed by a retest of the new support (as with the previous green circles) will confirm the range breakout.”
Too many analysts in cryptocurrencies He draws attention to the importance of $93 thousand for the short-term rise, but BTC Each time, it drops to 90 thousand dollars with sales starting in this region. Let’s see if US investors will see the stock market opening as an opportunity to buy the local bottom.
