🚨 BITCOIN MARKET UPDATE 🚨
📍 Current Price: $85,880
📊 Resistance Level: $89,100
📉 Support Zone: $85,380 - $84,380
In our previous analysis, we highlighted BTC’s breakout above a crucial resistance level, and it is now making its way toward the $89,100 mark. The former resistance is now acting as a new support level.
Key Scenarios to Watch:
✅ Bullish Outlook: If BTC remains above $85,000, we might see an upward move toward $89,100 or even beyond.
❌ Bearish Outlook: If BTC loses the $85,000 support, it could trigger a deeper correction, possibly testing the $80,100 region.
🔥 Market Movers: Today’s release of the US unemployment report could introduce volatility. A weaker jobs report may boost BTC’s upward trend, while a stronger-than-expected report could result in a price dip.
