BTC MAY FALL TO 86,000 USDT
Current:
BTC is trading around 94,027 USDT with signs of correction after a strong increase. Trading volume is trending down, indicating weak buying momentum. The MA(7) line (97,788 USDT) has been broken, and the price may head towards the MA(25) line (86,282 USDT).
* Note: important levels
93,500 USDT – The nearest support level, if broken, could push the price down further. 90,000 - 91,000 USDT – An important psychological support zone. If buyers cannot defend it, the price will drop more sharply. The target price, close to the MA(25) line (86,282 USDT), may act as strong support.
**Note: The market is always volatile and carries high risks. All content is for reference only and all liabilities are excluded.