BlockchainBaller
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#BTCBelow90K GOING FURTHER DOWN TOWARDS $70k or $50k❓If you recall my post last night, I clearly stated that $BTC would drop from $93K to $85K now you can see Bitcoin moving exactly as predicted❗$BTC /USDT – Struggling to Recover After Heavy Sell-Off
#BTC☀️ is currently trading at $86,283, down 8.35%, after plunging from its 24-hour high of $94,883 to a low of $85,117. Despite a slight rebound, BTC remains under heavy selling pressure.
Key Levels to Watch
Resistance: $88,500 – A breakout could push BTC toward $90,000 and $92,000
Support: $85,000 – A breakdown may lead to further downside toward $83,500 and $81,000
Market Insights
Parabolic SAR: Bearish trend continues, signaling further downside risk
MACD: Negative momentum but attempting a recovery
Volume: High selling pressure, buyers yet to gain control
Trade Setup
Long Entry: Above $88,500, targeting $90,000 and $92,000
Short Entry: Below $85,000, with downside targets at $83,500 and $81,000
Stop Loss: $87,000 to manage risk
Bitcoin is trying to recover, but the trend remains bearish. A decisive move above or below key levels will set the next direction.
#BTC☀️ is currently trading at $86,283, down 8.35%, after plunging from its 24-hour high of $94,883 to a low of $85,117. Despite a slight rebound, BTC remains under heavy selling pressure.
Key Levels to Watch
Resistance: $88,500 – A breakout could push BTC toward $90,000 and $92,000
Support: $85,000 – A breakdown may lead to further downside toward $83,500 and $81,000
Market Insights
Parabolic SAR: Bearish trend continues, signaling further downside risk
MACD: Negative momentum but attempting a recovery
Volume: High selling pressure, buyers yet to gain control
Trade Setup
Long Entry: Above $88,500, targeting $90,000 and $92,000
Short Entry: Below $85,000, with downside targets at $83,500 and $81,000
Stop Loss: $87,000 to manage risk
Bitcoin is trying to recover, but the trend remains bearish. A decisive move above or below key levels will set the next direction.
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
BTC
96,382.48
+2.23%