$BTC – Latest Short Analysis
1. Current Market Condition:
Bitcoin recently dipped below $90,000, showing weakness after a strong rally earlier this month. Price experienced a small recovery but overall sentiment remains cautious.
2. Technical Outlook:
Daily trend is still bearish, with key moving averages pointing downward.
RSI is in the neutral zone, meaning BTC is waiting for a clear breakout direction.
Major support lies at $75,000–$80,000. If this breaks, deeper correction is possible.
3. Fundamentals:
Whale activity is increasing, which sometimes signals a bottom accumulation phase.
Market sentiment remains mixed due to global risk-off environment.
4. My View:
BTC needs to reclaim $95,000–$100,000 to confirm strength. Until then, the market may remain volatile. Risk management is strongly recommended.#ADPJobsSurge✨ #BinanceHODLerMMT #PrivacyCoinSurge