FX.co ★ teagan.orn | #Bitcoin chart analysis

Following yesterday's Federal Reserve meeting, the price of #Bitcoin failed to receive support from Mr. Powell. Last night, the price dropped below 88,000. I continue to monitor the situation on the price chart. There are still 3 days left until the end of the trading month. The situation may change against the backdrop of geopolitical events between the US and Iran. For a bullish scenario, I would like to see a breakout and price consolidation above the key level of 90,000. However, if the current decline persists, there is a high probability that the price will revisit local lows below 80,000. In this scenario, bullish prospects will have to be forgotten.