Bitcoin (BTC) oscillates moderately and operates at US $ 95,621 today (24). The market reacts to the posture of the Fed, which maintains high interest rates to contain inflation, affecting risk assets.

Last week, there was an departure of $ 415 million Bitcoin institutional funds. Despite the recovery, the scenario requires caution, with technical barriers still present.

High Interest and Capital Exit: What is weighing on Bitcoin?

The macroeconomic environment is still one of the main challenges for valuing Bitcoin. Maintenance of high interest rates in the US has encouraged investors to migrate to more conservative assets, reducing the liquidity of the crypto market.

In addition, large players have been conducting significant movements, with the expressive exit of institutional capital reinforcing the uncertainty of the market. This conjuncture has kept the BTC attached to a scenario of consolidation, without enough force for a decisive break.

Resistance or collapse? What the chart shows now

In the 4 -hour chart, Bitcoin finds strong resistance at $ 99,500, a level that needs to be exceeded so that cryptocurrency resumes a more optimistic trajectory. Without this break, the market can remain lateralized or even face new seller pressure. On the other hand, immediate support is $ 92,000, being a critical point to avoid more expressive declines.

The Relative Strength Index (RSI) is 44.44, pointing to a neutral market, with no obvious signs of over -compliance or overwheliness. The low negotiation volume also reinforces the possibility of a consolidation phase before a new more expressive movement.

Can Bitcoin react or will remain locked?

Bitcoin’s behavior in the coming days will depend on how the market will absorb the impacts of monetary policies and institutional movements. If the asset can break $ 99,500, there is chances of a stronger recovery towards $ 100,000, renewing the optimism among investors.

However, if weakness persists, a new test in the $ 92,000 support can bring more volatility to the market. The scenario follows undefined, and traders should closely monitor technical levels and upcoming economic developments to evaluate the possible movements of the BTC. To understand the long -term BTC scenario, check out our special page.

The Bitcoin (BTC) Prediction Article: lateralized market or new sight? It was first seen at Beincrypto Brasil.