Bitcoin recently reached a market capitalization of 1 trillion USD, but its trading price lingers below 100,000 USD. Current technical analysis indicates bearish momentum, with potential support around 89,000 USD if it fails to break the 99,805 USD resistance.

The Relative Strength Index (RSI) is currently at 44.29, reflecting stronger selling pressure than buying interest. Similarly, the Moving Average Convergence Divergence (MACD) indicates bearish trends, suggesting potential downward movement for Bitcoin.