Bitcoin Market Update ⚠📉
📍 Current Price: $87,761
📊 Resistance Zone: $88,662 - $91,728
📉 Support Zone: $86,325 - $84,000
BTC is currently stabilizing near our marked resistance zone of $88,662 but has failed to break through clearly. There are signs of uncertainty in the market, and the final GDP and unemployment claims data released today could bring volatility.
🔍 Key Observations:
✅ BTC is still respecting the $86,325 support zone, which maintains the bullish structure.
✅ If BTC breaks out strongly above $88,662, it could initiate a rally towards $91,728, confirming bullish momentum.
✅ If BTC fails to break $88,662, it may return to the $86,325 - $84,000 zone, after which the next major move is expected.
📈 Market Sentiment and News Impact:
Today's release of Macroeconomic Data will be crucial for BTC's next direction. Increased volatility is expected during the announcement, so avoid making any trading decisions without confirmation.
🚀 Stay cautious and adjust according to market movements!