Could #BTC☀️ drop back to $29K like it did in 2021❓#Bitcoin 's price in 2021 saw extreme volatility with multiple all-time highs and deep corrections. Over the past 10 days the market has remained in a downtrend with $BTC struggling to reclaim $90K before facing another decline potentially dropping toward $80K... #Bitcoin Struggles to Hold Above $86,000 Breakdown or Rebound Ahead❓#Bitcoin is currently trading at $86,088, down 2.27% as it faces increasing selling pressure. After hitting a 24h high of $91,100, $BTC has retraced significantly, testing key support zones.

Key Levels to Watch:

Resistance: $88,470 – A breakout could push BTC back toward $90,000+.

Support: $84,787 – Losing this level may trigger further downside to $81,100.

Market Insights:

Parabolic SAR remains bearish, signaling continued downward pressure.

MACD indicates increasing bearish momentum, suggesting a possible deeper correction.

Order Book shows 85.35% buy-side interest, hinting at potential accumulation.

BTC needs to reclaim $88,470 to regain bullish strength. Otherwise, a drop below $84,787 could lead to a sharper decline. Traders should monitor these levels closely.