$BTC

$BITCOIN 📊 Bitcoin (BTC) Latest Analysis

Bitcoin’s price has recently weakened and fallen below key psychological levels, showing bearish momentum in the short to medium term. Price is trading under major moving averages like the 20‑day and 50‑day MA, which suggests selling pressure is currently stronger than buying interest. Trading below these moving averages means that short‑term trend indicators are negative and the market remains cautious. ïżœ

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However, Bitcoin still sits above the 200‑day MA, indicating that the longer‑term trend hasn’t fully turned bearish yet — this could act as support if prices continue to drop. Traders should watch key support around the $87,000–$89,000 range; if this zone breaks, further downside might accelerate. ïżœ

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📉 MA Signals to Watch

Below MA‑20 & MA‑50 → short/medium‑term bearish signal

Above MA‑200 → longer‑term structural support

📌 Key Levels

Resistance: near MA‑20 / MA‑50 levels

Support: $87,000–$89,000 zone

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