๐$BTC
Price Action | Short-Term Outlook
Bitcoin (BTC) is currently showing range-bound price action, indicating temporary market indecision after recent volatility. Buyers are defending key support, while sellers remain active near resistance.
๐ Key Levels to Watch
Support: $90,000 โ $89,500
Resistance: $93,500 โ $94,000
As long as BTC holds above the support zone, the short-term structure remains neutral to bullish. A confirmed breakout above resistance could trigger fresh upside momentum. However, rejection at resistance may lead to further consolidation or a minor pullback.
๐ Traders should wait for clear confirmation and manage risk carefully, as sideways markets often produce false breakouts.
โ ๏ธ This is market analysis, not financial advice.