Penstain

$BTC Update: Sharp Drop to $88,820 — What’s Next After the Crash? 🔻 Trade Signal (Day Trade — Short Setup): Entry 1: 89,300 Entry 2: 91,000 TP1: 89,000 TP2: 88,200 TP3: 87,300 SL: 92,200 Leverage: 20x–50x (Margin 1–5%) Spot Buyers: Avoid buying at current levels. Wait for dips closer to $87,500–$86,800 before planning any long-term accumulation. Why This Trade: $BTC extended its decline today, touching $88,820 after failing to recover above $91,000. Current price is around $89,100–$89,300, but recovery attempts look weak with thin volume and sharp selling pressure on every bounce. The market direction remains bearish as momentum is still pointing down and short-term moving averages are aligning negatively. If $BTC cannot break above $90,500 with strong volume, more downside toward $88,200–$87,300 is very possible within the next 24 hours. Until strong buyers step in and reclaim $91,000, the market remains under pressure. For now, it’s better to follow the downside move than anticipate reversal too early. #bitcoin #BTC90kBreakingPoint