📊 Bitcoin Stalls at $87,800 as Fear Peaks

$BTC is holding near $87,000, showing signs of stabilization despite persistent extreme fear in market sentiment. Volume remains moderate at $13.6B, while BTC’s market cap stands at $1.75T, reinforcing its dominant position.

📉 Technical Structure

• BTC trades within a descending channel on the 4H chart

• Support holding near $86,300, resistance around $94,600

• Price compressed between 50 & 100 EMAs

• RSI near 50 → balance, not trend exhaustion

🔍 Key Levels to Watch

• Bullish: Break above $88,600 → targets $90,500 → $92,500

• Bearish: Loss of $86,300 → downside opens toward $84,450

This looks less like weakness and more like pre-breakout consolidation. With institutional adoption intact and supply unchanged, current conditions favor positioning over panic.

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