Bitcoin ($BTC ) Snapshot –

Price: $88,492.81 | 24h Range: $86,000 – $89,500

Sentiment: Neutral-bearish (cautious consolidation)

Key Levels

—

- Support: $87,837 (critical), $86,000, $83,500 (200-day SMA).

- Resistance: $92,812 (strong), $95,000 (psychological), $100,000 (long-term).

Indicators

—

- MACD: Bullish divergence (potential short-term upside).

- RSI: 48 (neutral; no extreme overbought/oversold signals).

- Candlesticks: Long lower wicks near $87,837 signal seller exhaustion.

Trend & Action

—

- Bull Case: Break above $89,500 ➔ rally toward $92,812.

- Bear Case: Close below $87,837 ➔ drop to $86,000 or lower.

- Strategy: Buy above $89,500 (SL: $87,800) / Sell below $87,837 (SL: $89,600).

Outlook: Rangebound ($87,837–$89,500). Watch for breakout/breakdown to dictate next move.