$BTC Bitcoin (BTC) is currently trading at $84,413. Here's what traders need to know:
🔻 Support Levels:
Key support at $74,000. A break below this level could lead to further drops.
Additional support zones at $65,000 and $57,000.
🔺 Resistance Levels:
First resistance near $87,000.
Stronger resistance between $90,000–$95,000.
📉 Moving Averages:
Watch out for a potential "death cross" as the 50-day MA approaches the 200-day MA, signaling a bearish outlook.
⚠️ Market Sentiment:
Neutral to bearish outlook. Traders should keep an eye on key levels:
Support at $74,000
Resistance at $87,000
📊 Key Takeaways:
BTC is at a critical point. The next major move depends on a break above resistance or below support.
Stay informed and trade wisely. 🚀
