## Bitcoin in a indecision zone: the 93K barrier remains intact

Bitcoin is trading at $92.84K, caught in a technical conflict that has been developing for weeks. The price structure remains **below** the downward trendline that originated from the autumn peak, and this position is crucial: every rally attempting to gain ground collapses against the same descending resistance.

The daily chart depicts a market with no clear direction. Buyers have pushed the price toward the 93K-94K dollar zone multiple times, but have failed to sustain it. Meanwhile, the overall structure maintains lower highs, a pattern that currently favors sellers.

### The ultimate test is at 93K

For a true change to occur, Bitcoin needs to convincingly close a candle **above** the 93K level. That level acts as an entry point: if broken, the next obstacle would be the 50-day exponential moving average around 96.8K, an area that would also require confirmation.

Volume remains subdued compared to the aggressive sell-off in November. This pattern is typical in bear markets: rebounds lack muscle, and sellers only need to appear to halt bullish attempts.

### Indicators without extremes: RSI remains neutral

The Relative Strength Index (RSI) is in neutral territory, far from extreme oversold conditions. It has recovered from depressed levels but is far from showing clear bullish momentum. This ambiguity precisely reflects what the chart shows: an indecisive market.

### Lower support: the safety net between 91K and 88K

If optimism fades, the price has two support levels: the zone between 91K and 88K dollars acts as a safety net. A fall into that range would be consistent with the still-valid bearish flag pattern.

### The weekly candle: balance over a Gann arc

On the weekly chart, the situation is even more delicate. Bitcoin is positioned just **above** one of the Gann Square arcs, at a key geometric decision point. The candle has a small body with no clear direction, meaning both scenarios remain possible.

If it closes **above** the arc this week, buyers would signal that they regained control at an important technical level. The next target would be near 100K dollars, where another Gann band converges.

If, on the other hand, the close is **below** the arc, the bearish flag would continue its extension, pointing to another lower low. The outcome depends entirely on how this candle ends.

### The trader’s conclusion: nothing definitive yet

Bitcoin remains a bearish market as long as it trades **below** that downward trendline. Seller pressure persists, but the door to a reversal exists: the 93K dollars. Until a decisive candle closes **above** that resistance and the 50-day EMA, the chart remains tilted toward the downside. For now, the market awaits more clarity.