Bitcoin extended its downside on Wednesday, slipping 2.4% over the past 24 hours to $91,400. The move follows a brief rebound above $94,000 earlier in the week, underscoring renewed volatility across the cryptocurrency market.
The retreat comes as traders assess broader risk sentiment and macro developments weighing on crypto assets. Short-term levels to watch include support near $90,000 and resistance near $95,000, with liquidity and funding dynamics shaping the near-term path. Analysts note that ongoing volatility could persist in the near term, with headlines and regulatory signals potentially driving sharp moves. Investors are advised to manage risk and avoid overexposure while tracking BTC’s ability to reclaim key levels.
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