$BTC
📉 Bitcoin Pulls Back After Touching $88,500 — Healthy Dip or Weakness?
BTC pushed up to $88,500 earlier today, showing strong momentum… but the move couldn’t sustain, and price quickly slipped back toward $87,000.
This pullback is mainly due to low follow-up volume, profit-taking near the 25MA, and sellers stepping in around a known resistance zone.
🔑 Key Levels to Watch
Support: $86,500 – $86,800 (important short-term demand)
Major Support: $85,600
Resistance: $88,500 – $89,200 (where sellers are active)
📌 My Take
This drop looks more like a normal retest after a quick push up. As long as BTC stays above $86,500, the structure remains bullish.
But if BTC closes below $85,600, we may see more downside.
❓ Question for You
Do you think BTC will bounce again toward $89k, or is a deeper correction coming?
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