$BTC Update ๐จ | $88K Zone
Bitcoin is trading around $88,000 after a sharp drop from the $126K high, showing signs of slowing bearish momentum.
๐ What we see on the chart:
Price holding above the $80Kโ$82K support
RSI hovering in the mid-40s โ selling pressure is easing, not oversold yet
EMAs still bearish, but price is attempting to stabilize
Volume declining โ panic selling seems to be cooling off
๐ค The big question:
Is this just a dead-cat bounce, or are we witnessing the early stage of trend reversal?
If BTC reclaims $90Kโ$92K, bulls may step back in.
A breakdown below $80K could open doors for another leg down.
๐ฌ Whatโs your take?
๐ป Bearish continuation
๐ Trend reversal loading
Drop your bias ๐