Bitcoin Price Tests Key Supports After Drop Below $93,500, Eyes $92,800 Resistance

Bitcoin has pulled back from above $93,500, sliding through $93,000 and $92,000 before tagging support around $90,000 and a low near $89,225. The price is now trading under $92,000 and the 100-hour simple moving average, with a bearish trend line capping the BTC/USD pair at $92,000. If BTC can hold above $90,300 and clear resistance at $91,500–$92,000, it may retest $92,800–$93,500, while failure could expose supports at $90,650, $90,300 and $89,250.