Bitcoin Tests $92K Then Falls — Traders Pivot to Digitap ($TAP) Presale
Bitcoin briefly climbed to $92,000 before failing to sustain gains and sliding toward $85,000 over the weekend after low spot volume. TradingView analysts note key resistance between $92K–$95K; a clear break above $95K would likely clear the way to $100K. Technicals show downward pressure: 14‑day RSI near 33 and 30‑day moving averages around $95K. Amid uncertainty, some investors are rotating into presale altcoins, notably Digitap (TAP). Digitap, positioning itself as an omnibank bridging crypto and fiat with Visa partnerships and multi‑rail payments, reportedly raised over $2.2 million in its presale and recorded more than 120,000 participating wallets. The project ran a large Black Friday/Cyber Monday promotion distributing over $1M in bonus tokens and offering stacked discounts expected to end within 72 hours; the confirmed launch price cited is $0.14. The article is a paid promotional piece and includes a disclaimer. Key SEO keywords: Bitcoin price, $92K, BTC resistance, Digitap presale, TAP token, crypto presale.
Bearish
The article highlights Bitcoin failing to hold the $92K level and dropping to ~$85K, with technical indicators (RSI ~33, 30‑day MA near $95K) signaling downside pressure. Low spot volume and the inability to push above $95K increase the likelihood of further short‑term weakness. Traders typically respond to such setups by reducing exposure to BTC and reallocating into higher‑risk presale or small‑cap tokens in search of yield — here represented by Digitap (TAP). Historically, when BTC struggles below major resistance and volume remains thin, volatility and downside continuation are more likely until clear on‑chain or macro catalysts appear. In the short term this news is bearish for BTC price action and may increase volatility in altcoins as capital rotates. Long term, the impact depends on macro factors and whether BTC can re‑accumulate above the cited moving averages; presale interest in projects like Digitap can support token demand but carries higher execution and liquidity risk. Traders should watch volume, the 95K resistance level, RSI/moving averages, and presale token unlocking schedules before taking positions.