🚨 BTC at the Crossroads – Will Bitcoin Correct Again?
Currently, Bitcoin is struggling to maintain the important area above $90,000. The selling pressure is increasing, while buyers seem unable to lift the price back to a safe zone. Bearish pressure is starting to dominate, raising concerns about further declines.
Market Update:
BTC remains below the resistance of $90,000
Seller volume is rising, buyers are losing momentum
Short-term price structure shows downward pressure
If negative sentiment continues, here are potential downside targets:
Moderate Target: $82,000–$85,000
Extreme Target: $74,000
Technical Signals to Watch:
Daily candle shows a pattern of consecutive lower highs
Short-term EMA gives a bearish crossover signal
RSI has dropped into the oversold zone without a significant rebound
Altcoins are also under pressure, reinforcing a risk-off sentiment in the market
Important Levels to Monitor:
$90,000 = main resistance
$88,000 = crucial breakdown zone
$85,000 = last support before further declines
If a breakdown occurs below $85K, BTC could plummet to the $74K area quickly.
What do you think is BTC's next move?
📉 Breakdown to $85K/$74K?
⏸️ Sideways in the $88K–$90K area?
🚀 Reversal and bullish again?
Share your analysis in the comments!
$ZEC $GLM
