$BTC /USDT RECOVERY OR DEAD CAT BOUNCE?
Bitcoin is trading at $86,266 (+2.57%), rebounding from a recent low of $78,258 after a sharp correction from $99,475. Bulls are attempting to regain control, but key resistance zones remain in play.
Key Levels to Watch
Immediate Resistance: $86,500 - $91,200
Support Zone: $81,800 - $78,200
Market Outlook
š¹ Bullish Scenario: A breakout above $86,500 could trigger a rally toward $91,200, confirming trend strength.
š¹ Bearish Scenario: Failure to break $86,500 may lead to a retest of $81,800 - $78,200, continuing the downtrend.
š Pro Tip: If $BTC stays above $86,000 with increasing volume, bulls could gain momentum for a stronger push!