Today, Bitcoin (BTC) is experiencing noticeable volatility. Its current price is around $85,185, reflecting a 2.77% increase in the past 24 hours. The high for the day was $85,763 and the low was $82,883. #BTC #BTC🔥🔥🔥🔥🔥

#BTC is down nearly 27% from its January 2025 peak of $109,000. The primary cause is global trade tensions and looming recession fears. If #BTc breaks below its key support at $73,745, it could fall further towards the $57,000 range.

My analysis

We are currently in a phase of short-term indecision. In a case like this, you could favour trades in the direction of the basic trend on BITCOIN - BTC/USD. As long as you are above the support located at , traders with an aggressive trading strategy could consider a purchase. A cross of the resistance located at  would be a signal that the basic trade will reverse and the short-term trend could then quickly become bullish. Buyers would then use the next resistance located at  as an objective. Crossing it would then enable buyers to target . If the support  were to be broken, this would simply be a sign of a possible continuation of short-term consolidation and trading against the trend would then perhaps be more risky.