Bitcoin Stalls Below $94,000: Rejection Risk Rises

Bitcoin (BTC) continues to trade below the critical $94,000 resistance level, facing increasing downside pressure and a potential decline towards its next key support zone at $78,430. After several days of consolidation below this threshold, recent price action has failed to break through the crucial barrier, suggesting renewed bearish momentum. Analysts attribute this weakness to weak bullish volume and waning buyer participation, pointing to a potential reversal toward lower support levels.