$BTC Bitcoin is currently trading around $89,700, down 1.13% in the last 24 hours. The market made a daily low at $87,976, followed by a small recovery, but overall price action still remains under pressure.
🔍 Key Observations:
The 1H chart shows a sharp dump earlier, followed by sideways movement.
Buyers reacted at the low, but momentum is still weak.
Order Book shows Sell Orders (64%) dominating Buy Orders (35%) — meaning sellers are in control.
24h High: $91,445
24h Low: $87,976
📉 Market Structure:
A broken higher-low and continuous downward candles indicate a bearish trend. Despite a bounce, the structure hasn’t turned bullish yet.
📌 Key Levels:
Support: $88,000 – $87,900
Breaking this zone may push BTC toward $86K–$85K.
Resistance: $90,500 – $91,000
BTC must reclaim this zone for any meaningful upside.$BTC #BTC
