Could Bitcoin’s Price Plummet to $93,500 Again? Analysis Suggests Potential for Volatility

Recent market activity reveals familiar patterns in Bitcoin’s price action that experts at Rekt Capital believe could signal potential future volatility. After successfully breaking above the $93,500 range low two weeks ago and showing signs of retesting this level last week, Bitcoin saw a rejection from its lower high trendline resistance at approximately $99,000. This price action echoes post-halving trends and mid-2021 market activity.