🚨 Bitcoin Price Update – Major Drop! 🚨
Bitcoin ($BTC ) is currently trading at $87,501.21, down -6.91% in the last 24 hours. The price saw a sharp decline from a 24H high of $95,194.59 to a low of $86,050.99.
📉 Market Overview:
🔹 BTC is experiencing high volatility with strong selling pressure.
🔹 The 4H chart shows a significant downward trend, breaking key support levels.
🔹 Volume is increasing, indicating strong market activity.
⚡ Key Levels to Watch:
🔸 Support: $86,000 – If BTC fails to hold this level, further downside may follow.
🔸 Resistance: $91,000 – BTC needs to reclaim this zone to regain bullish momentum.
💡 Trading Strategy:
✔️ Short-term traders may look for bounce opportunities around support levels.
✔️ Long-term holders might see this dip as a buying opportunity.
✔️ Stop-loss & risk management are crucial in current market conditions.
Will BTC recover soon, or is more downside ahead? Share your thoughts below! 🚀🔻