📉 BTC/USDT Analysis – 2H Timeframe

$BTC is currently showing bearish pressure after a strong drop from the resistance zone.

🔹 Resistance Area:
Price previously reacted strongly from this zone. Selling pressure is still active here $93,399.2-$94,606.8, making it a key resistance level.
$BTC

🔹 Possibility Selling Area:
If price retraces upward into this zone and shows weak bullish candles or rejection, a selling opportunity may form $87,593.6-$88,304.2.
$BTC

🔹 Buying Area:
This is a strong demand zone $83,818.7-$86,264.3. If price holds this area and forms bullish confirmation, a bounce or short-term buying setup is possible.

📌 Overall View:
Market structure remains weak. Price is below resistance and moving cautiously. Reaction from the marked zones will decide the next move.

⚠️ This is only technical analysis. Always do your own research and manage risk properly.

#BTCUSDT #Bitcoin #CryptoAnalysis #SupportResistance #CryptoTrading @TRADE_INSIGHTS

BTC
BTC
87,660.52
+2.00%
XRP
XRPUSDT
1.9297
+2.18%
SOL
SOLUSDT
127.84
+2.67%