Bitcoin Price Crash Not Over? Why A Decline To $89,000 Is Possible

Bitcoin Price Crash Not Over? Why A Decline To $89,000 Is Possible
The Bitcoin price could crash if it fails to hold key resistance levels. A crypto analyst has revealed that a decline to $89,000 was well within possibility, as sell-offs below the $100,000 mark have continued to hinder Bitcoin’s price upward momentum.  Bitcoin Price Correction To $89,000 Possible On November 26, TradingView crypto analyst Pejman Zwin shared a detailed chart representing a technical analysis of Bitcoin‘s price movements in a 1-hour time frame. The Bitcoin price chart highlighted vital resistance lines, support zones, and technical indicators suggesting an impending crash.  Related Reading: Dogecoin Extends Rally – Can This Lead To A Breakout Above $0.82? At the top of the price chart is a yellow zone identified as the Potential Reversal Zone (PRZ), where Bitcoin is expected to face significant resistance as it aims for the $100,000 milestone. The chart also highlights a horizontal resistance line of around $95,904, which Bitcoin previously struggled to break. At current resistance levels between $97,000 and $98,000, Zwin has indicated that if Bitcoin can successfully push above these thresholds, its price could rise significantly towards $100,000. On the other hand, Bitcoin ..

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