#BTC/USDT
Bitcoin has sharply dropped from 94,444 and is now trading around 91,882.
The market is showing strong selling pressure, confirming a short-term bearish trend.
📊 Key Points:
Price broke below MA(7), MA(25), and MA(99) → Bearish momentum confirmed
RSI(6) = 14.5 → BTC is in extremely oversold zone, possible short-term bounce
Support: 91,834 – 91,704
Resistance: 92,278 – 94,444
⚡ Trading Insight:
Short-term traders can watch for a small relief bounce due to oversold conditions
If 91,700 support breaks, further downside movement is likely
💡 Conclusion:
$BTC is currently in a strong bearish phase. Trade carefully and manage your risk.
#Bitcoin #CryptoTrading #CryptoMarket #TechnicalAnalysis
BTC
89,277.19
-0.16%