Bitcoin retreats to 87,500 USDT after strong bearish pressure in 15-minute frames
The price of Bitcoin (BTC) fell to 87,568 USDT, reflecting a near -3.18% retracement on the day, according to market data. The chart in the 15-minute timeframe shows a marked downward trend, with the price operating below the moving average and remaining close to the middle band of the Bollinger Bands, indicating weakness in the momentum.
During the day, BTC recorded a low of 86,100 USDT, a level where some demand entered, allowing for a slight rebound. However, the volume continues to decrease, which indicates that the recovery lacks solid strength.
The market remains attentive to the zone between 86,000 and 88,000 USDT, considered key to determine whether Bitcoin will find support or continue its correction in the coming hours.
What do you think, family? Will it fall more and go to the moon 🌑
Blessings and success
Thank you for following me
