BTC/USDT Technical Analysis
BTC is currently reacting from a strong support zone between 81,200 – 74,453.
Resistance Levels:
Immediate Resistance – 89,298
Psychological Resistance – 90,000
The price recently broke down from a rising wedge, which is a bearish signal.
Expected Move:
A small pump is expected towards 89,000 – 90,000
Rejection is likely at these levels unless positive news boosts the market
If BTC fails to break above 90K, a rejection could push it back toward 81,200 or even 74,400
If 90K is broken with strong momentum, the next major target could be 100K
For now, a short-term rejection from 89K – 90K is more probable, but news-driven momentum can change the scenario.