Bitcoin pulled back below the 94k mark after breaking through it last week, signaling some bearish pressure with an eye toward the 80k level. That said, the current price action is interesting—BTC is right now testing its daily 21-period EMA, which could spark a decent bounce. On the shorter timeframe, the 92k-92.5k zone is shaping up as a potential intraday support level worth monitoring. Traders will want to watch how BTC handles this technical area before making their next move.