$BTC Bitcoin is currently trading around $87,000, showing signs of consolidation and short-term weakness after recent volatility. The market is moving sideways as traders wait for a clear breakout or breakdown.

📉 Key Support Levels:

‱ $86,000 – $87,000 (Immediate support)

‱ $80,000 (Strong support)

‱ $77,000 (Critical support if selling pressure increases)

📈 Key Resistance Levels:

‱ $90,000 (Immediate resistance)

‱ $96,000 (Major resistance)

‱ $107,000+ (Bullish breakout zone)

🔍 Market Insight:

BTC is currently range-bound. If price holds above $86K, a short-term bounce is possible. However, a breakdown below this level could trigger a deeper correction toward $80K–$77K.

🌍 Fundamentals:

Despite short-term uncertainty, long-term sentiment remains bullish due to: ‱ Strong institutional interest

‱ Bitcoin ETFs

‱ Post-halving cycle support

⚠ Risk Factors:

‱ Macro-economic pressure

‱ High interest rates

‱ Increased market volatility

BTC
BTC
68,940.11
-1.32%

$BTC #bitcoin #Mag7Earnings #SouthKoreaSeizedBTCLoss #Binance