BTC price is consolidating after a sharp drop.
Currently trading around 89.5k area.
Key observations:
• Strong support seen near 88k zone
• Immediate resistance around 90k–90.5k
• Price is below short-term moving averages, so trend is still weak
• Volume is decreasing → market waiting for confirmation
Possible scenarios:
• Hold above 88k = short-term bounce possible
• Lose 88k = next downside risk zone opens
Always wait for confirmation and manage risk.
This is not financial advice.