📊 BTC/USDT Market Update

Bitcoin is currently trading around $88,000, sitting right at a critical decision zone.

After a strong rejection from the $90,400–$90,600 resistance, price pulled back but managed to hold above the key support area. This shows that sellers are active, but buyers haven’t given up yet.

Moving Averages are still stacked bearishly, which means the trend is not fully bullish. Price hovering near the MA cluster suggests the market is waiting for confirmation before the next move.

Volume tells an important story:

Heavy volume on the drop

Lighter volume on the bounce

This indicates the recovery is still weak and needs confirmation.

🔑 Key Levels to Watch

Resistance: $89,700 – $90,600

Support: $87,000 – $86,200

🔮 Possible Scenarios

A strong close above $88,500–$89,000 could open the door for another push toward $90K

Losing $87,000 may lead to a retest of $BTC

BTC
BTC
88,764.74
+0.72%