BTC/USDT: Digital Gold in Consolidation Mode

$BTC is holding its ground near a pivotal level, currently trading at 88,290.21 USDT (-0.48%). The king of crypto is in a tight dance with the MA60 (~88,289.46), highlighting this as a critical zone for sentiment.

Snapshot:

· Price: 88,290.21 USDT | ₹2.47 Crore (approx.)

· Key Level: The MA60 is acting as immediate support/resistance. Holding above it is key for short-term bullish structure.

· Market Sentiment: Extreme consolidation is evident, with the order book showing minimal immediate depth but a clear battle at this psychological level.

Bitcoin continues to demonstrate its role as the market's bedrock. While short-term movements are muted, the overarching narrative of digital scarcity and institutional adoption remains unchanged. This phase of compression often precedes the next significant directional move.

Watch for: A decisive break and hold above 88,824 (24h high) for bullish momentum, or a loss of MA60 support for a potential test lower.

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