$BTC Bitcoin looks steady at $89,500, but don’t let the silence fool you. Under the surface, the "Doji" candles on the chart aren't showing balance—they’re showing doubt.
The Breakdown:
The Wedge Risk: BTC is hugging the bottom of an ascending wedge. If we break support, a 13% drop to $77,300 is on the table.
The Miner Pressure: Selling pressure from miners has surged 8x in two weeks as network fees plummeted by 70%.
Weakening Support: Long-term holders are still buying, but their intensity has dropped by 24%.
The Game Plan:
🚀 Bullish: Close above $91,000 to reclaim control.
⚠️ Bearish: Close below $88,500 confirms the breakdown.
Are you holding the line or waiting for a deeper discount? Let’s hear your strategy below! 👇
#Bitcoin #BTC #MarketUpdate #CryptoTrading #BinanceSquare
Would you like me to generate a "Warning/Technical Analysis" style image to go with this post?Bitcoin looks steady at $89,500, but don’t let the silence fool you. Under the surface, the "Doji" candles on the chart aren't showing balance—they’re showing doubt.
The Breakdown:
The Wedge Risk: BTC is hugging the bottom of an ascending wedge. If we break support, a 13% drop to $77,300 is on the table.
The Miner Pressure: Selling pressure from miners has surged 8x in two weeks as network fees plummeted by 70%.
Weakening Support: Long-term holders are still buying, but their intensity has dropped by 24%.
The Game Plan:
🚀 Bullish: Close above $91,000 to reclaim control.
⚠️ Bearish: Close below $88,500 confirms the breakdown.
Are you holding the line or waiting for a deeper discount? Let’s hear your strategy below! 👇
#Bitcoin #BTC #MarketUpdate #CryptoTrading #BinanceSquare
Would you like me to generate a "Warning/Technical Analysis" style image to go with $BTC this post?$BTC
