🚨 BITCOIN UNDER PRESSURE: $BTC fighting to recover the 89,000 USDT 🚨
Market Update: At 19:02 PM UTC, Bitcoin is trading at 88,939.06 USDT. Although it remains below the psychological mark of 89k, the asset still registers a 0.52% increase in 24 hours, indicating that the structural bullish trend of the week has not been broken, but it has lost momentum.
BTC
88,593.16
+0.04%
Technical Analysis: We are seeing lateral consolidation. Immediate support is at 88,500 USDT. If the bulls fail to close the daily candle above 89k, we could see a liquidity test at lower levels before the year ends.
Is this a buying opportunity or a sign of exhaustion?
Do you think BTC will close above 90,000 USDT on Monday?