Market Update: BTC Fighting to Hold $88,000 Support! 📉🚦
Bitcoin is showing some weakness today, trading around the $88,200 - $88,400 zone. It has just broken below the minor support of $89,000, and the bears are now testing the critical $88,000 psychological level.
Key Scenarios to Watch:
The Bounce: If BTC holds $88,000, we could see a relief rally back toward $90,000.
The Break: A daily candle close below $88,000 could lead to a deeper correction toward $86,000 or even lower.
Technical Alert:
The RSI is currently low (around 37-40), indicating the market is getting oversold, but the overall momentum remains under pressure.
What are you doing?
Are you 'Buying the Dip' here, or are you waiting for a confirmed breakout? Let me know your strategy in the comments! 👇"
Disclaimer: This is not financial advice. Always DYOR.
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