About 85,500 dollars and 84,200 dollars
Market Comment:
Parabolic SAR Indicator: Clearly bearish, indicating continued downward pressure
MACD: Deep in the negative territory, indicating strong bearish momentum
Volume: Selling volume remains high, increasing the risk of further decline
Trading Setup:
Buy Entry: Above 90,800 dollars, with a target of 92,500 dollars and 95,200 dollars
Sell Entry: Below 87,000 dollars, with targets at 85,500 dollars and 84,200 dollars
Stop Loss: 89,000 dollars to manage risk
Bitcoin is at a critical level, and traders should wait for a confirmed move before entering a trade.
