Bitcoin Undergoes Key Phase of Consolidation

• Bitcoin has surged past $90,000, but is now facing critical support and resistance levels that will shape future price action.$90,000, but is now facing critical support and resistance levels that will shape future price action.
• Immediate support to watch includes $92,000 – $91,800, while $93,000 – $94,000 is a significant resistance zone. to watch includes $92,000 – $91,800, while $93,000 – $94,000 is a significant resistance zone.
• Analysts suggest that maintaining support above $88,000 is crucial for the bullish trend to continue, while a breakdown could lead to deeper corrections.$88,000 is crucial for the bullish trend to continue, while a breakdown could lead to deeper corrections.