$BTC Analysis
The short-term outlook for Bitcoin is bearish. The combination of a confirmed technical downtrend, significant outflows from both spot markets and ETFs, and a fearful market sentiment creates a challenging environment for price appreciation. While the oversold nature of some indicators might lead to a temporary bounce, the dominant trend remains to the downside. Key support at $88,000 will be critical to watch; a failure to hold this level would likely result in a continuation of the current bearish trajectory.
BTC
87,707.22
-2.40%