#TradingAnalysis101

"$BTC Price Update: Prediction Aligns with 6.12% Decline

My previous warning of a potential decline in Bitcoin has materialized, with prices dropping from $94K to $88K. While I remain bullish on BTC's long-term potential ($120K, $180K, or $250K), a short-term downturn to $45K or $55K is possible.

Current Market Insights:

- Price: $88,112 (down 6.12%)

- 24h Low: $87,432 (strong selling pressure)

- Key Levels:

- Resistance: $90,800

- Support: $87,000

- Indicators: Parabolic SAR (bearish), MACD (negative), and high selling volume

#Bitcoin #BTC #CryptoMarket"