๐จ Bitcoin ($BTC ) Update: Is the $89,000 Support Strong Enough? ๐จ
Assalamualaikum Traders!
According to current market data, Bitcoin (BTC) is at a critical crossroads. After failing to sustain momentum near the $98k region, we are seeing a healthy correction. However, the next few hours are vital for the short-term trend.
Immediate Support: BTC is currently testing the $89,000 - $90,000 psychological zone. A bounce from here is necessary to maintain the bullish structure.
The Bearish Scenario: If BTC breaks and closes below $89,000, we might see a quick drop toward the $86k-$87k liquidity zone.
Resistance: To regain bullish control, BTC needs a solid breakout above $93,500.
Pro Tip: Avoid high-leverage long positions until we see a confirmed bounce from the support levels.
Whatโs your move? Are you buying the dip or waiting for lower levels? Let me know in the comments! ๐
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