Bitcoin faced renewed selling pressure, threatening a drop to $84,000. Altcoins struggle to maintain support levels. Analysts anticipate BTC to range between $80,000 and $99,000, with a potential drop to $73,000. BoJ rate hikes historically led to over 20% BTC drawdown. S&P 500 faces resistance at 6,920, potential drop to 6,550. US Dollar Index still bearish below 20-day EMA. BTC struggles at $90,720, may drop to $84,000. Ether faces resistance at $3,106, possible drop to $2,623. BNB trading range may shift. XRP stuck below 20-day EMA at $2.06. Solana in uncertainty, may drop to $95 or rally to $189. Dogecoin faces pressure at $0.13. Cardano may drop to $0.37 or consolidate. Bitcoin Cash below 20-day EMA at $560, potential drop to $508.
Read more at Cointelegraph: Bank Of Japan Rate Cut Expected To Negatively Impact BTC, Altcoins
