Bitcoin Price Remains Under Pressure—Can It Break Free?

Overall, Bitcoin price is facing resistance near the $96,000 level and could struggle to recover losses in the short term. If the price fails to move above $96,000, there is a risk of more downsides towards the $94,200 and $93,400 support levels. On the upside, a break above $96,000 could lead to a retest of the $97,500 resistance level.