🟥 Bitcoin Falls to Its Lowest Level in Two Weeks 📉 U.S. stocks also retreated, with the Nasdaq down 0.5%, while both the S&P 500 and the Dow Jones slipped 0.2% each. This decline reflects a cautious mood in global markets, as investors reassess risk. #BITCOIN
฿$BTC — Attempting a Bounce Below a Key Downtrend Line
Bitcoin is trying to stabilize after successfully defending the $88,000 support zone, where buyers stepped in to slow down the sell-off.
Price is now pressing against a major descending trendline that has capped every recent bounce. A rejection here would keep the corrective structure intact and could trigger another leg down.
However a clean and sustained breakout above $90,500 would significantly improve the short-term outlook and could ignite a fast upside move.
This is a critical decision zone either BTC gets rejected and dips again or it breaks out and leaves late sellers behind. The window to position is closing fast. #BTC #BITCOIN