#Bitcoin support levels are under pressure.#

Bitcoin's support levels are under pressure, prompting concerns among analysts. Kim Kramer Larsson, an analyst at Saxo Bank, pointed out that if Bitcoin breaks below the $90,690 support zone, it could face a larger decline. He believes that Bitcoin is forming a top, a technical analysis chart pattern that predicts a reversal from an uptrend to a downtrend. If Bitcoin breaks below the support around $90,680, it could potentially fall to $73,000. Other analysts have expressed similar concerns, suggesting that Bitcoin may lose key support and plummet. They highlight that Bitcoin is currently down around 13.2% from its all-time high and its future outlook is not optimistic. Although Bitcoin climbed 2.6% on Friday, the overall trend remains bearish. Analysts warn that the Bitcoin market could become more volatile, urging investors to proceed with caution.