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Bitcoin Challenges Critical Fib Level: What Resist

Bitcoin Challenges Critical Fib Level: What Resistance Zones Come Next?
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Bitcoin is testing a key Fibonacci level as momentum shifts, with major resistance zones ahead.

Bitcoin currently trades for $92,415, showing mild weakness over the past day as the market digests recent volatility. The daily trading range sits between $91,029.39 and $93,577.38, reflecting a relatively tight consolidation zone compared to prior sessions. Over the past 24 hours, BTC has dipped 0.7%, signaling slight bearish pressure after repeated attempts to reclaim the $93K region.

Despite the intraday softness, Bitcoin maintains stability on higher timeframes. Specifically, the 7-day performance shows a 1.0% gain, indicating that buyers continue to defend major support areas even as momentum cools.On a 14-day basis, BTC remains up 7.9%, highlighting sustained strength in the mid-term trend following its recovery to the $90K range. With volatility compressing and price hovering below $93K, traders are watching whether Bitcoin can stage another breakout or if consolidation will deepen in the coming sessions.

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