A surge in Nvidia’s earnings has temporarily lifted Bitcoin prices, offering a short-lived respite for the struggling cryptocurrency. Despite this brief boost, Bitcoin continues to face significant pressure and analysts warn of a potential deeper decline unless it breaks key resistance levels. Bitcoin briefly broke above $92,000 following the tech giant’s strong Q3 earnings report exceeding analyst expectations, but the market remains volatile. Market analyst DonAlt remains cautious about Bitcoin’s long-term prospects. While he sees a temporary rebound on the daily chart, the weekly and monthly charts suggest continued pressure, requiring Bitcoin to break and hold crucial resistance levels at $94,000 for a sustained recovery. He warns that if Bitcoin fails to break through this level, it could signal further weakness, pushing the price closer to levels not seen since mid-2024. Meanwhile, while Nvidia’s earnings bolstered broader market sentiment, the overall outlook remains uncertain due to low liquidity and mounting selling pressure at lower price points. Bitcoin’s future will hinge on its ability to break through key resistance levels in the coming weeks.