📊 BTC/USDT Market Update
Bitcoin is currently trading around $88,344. The daily chart shows price consolidation near the important support zone (≈ $86,000 – $88,000).
🔹 RSI ~38 → market is near the oversold zone, chance of a relief bounce
🔹 MACD negative → currently bears are in pressure
🔹 Moving Averages (MA 25 & MA 99) are above the price → trend is short term bearish
🔹 Recent low: ~$86,074
🔹 Resistance: ~$90,600 – $92,000
⚠️ The market is currently in decision mode — if support holds, a short-term bounce may occur; otherwise, further dips are possible on breakdown.
📌 Be sure to use risk management
📌 Not financial advice — do your own research
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BTC
66,359.04
-1.49%