Bearish Pattern Signals Bitcoin Rejection Near $92,500 With Risk of Drop Toward $82,000
Under sustained selling pressure through mid-December, Bitcoin has fallen below the $90,000 support and remains in a downtrend. Analyst Lingrid outlines a structure where repeated rejections between $92,500 and $93,500 keep price capped below a key channel, raising the risk of a decline toward $82,000. A break and hold above $92,500 could invalidate this bearish view and refocus attention on the $100,000 region, but current sentiment and price levels make that scenario less likely.