Bitcoin has dropped from $94K to $88K, just as expected. While long-term targets of $120K, $180K, or even $250K are still in play, a dip to $45K–$55K could happen first.
Market Snapshot
Current Price: $82,492 (+1.60%)
24H Low: $76,573
Trend: Heavy selling pressure
Key Levels to Watch
Resistance: $90,800 → Breaking above could push BTC to $92,500–$95,200
Support: $85,000 → Losing this level may drop BTC to $80,500–$79,200
Indicators Show Bearish Signals
Parabolic SAR: Bearish trend still in play
MACD: Strong downward momentum
Volume: High selling activity
Trade Plan
Go Long Above: $91,800 → Targets: $92,500 & $95,200
Go Short Below: $80,000 → Targets: $80,500 & $79,900
Stop Loss: $88,000 for risk management
Bitcoin is at a make-or-break moment. Stay patient and wait for a clear move.#TradingAnalysis101 $BTC