📉 Bitcoin Market Update: Critical Decision Zone
$BTC BTC is currently consolidating around $90,800, cooling off from the ~$126k peak. We are compressing between a dynamic downtrend line and a major support zone.
KEY LEVELS:
🔸 Resistance: The descending yellow trendline. A breakout here signals a reversal.
🔸 Support: The $80,000 - $82,000 region is critical. Losing this could trigger a deeper correction.
💡 Strategy: Patience is key. Wait for a confirmed breakout above the trendline before longing, or look for bids around $80k for a bounce.
#bitcoin #CryptoTrading #TechnicalAnalysi #BTC
BNBUSDT
Διην.
607.85
+0.65%
ETHUSDT
Διην.
1,957.13
-0.15%
BTCUSDT
Διην.
67,297.2
+0.95%