📊 BTC Intraday Update: Rebound or Continue Dump?
BTC is currently still holding in the important area of 89300. As long as this level is not broken, the chance of a rebound to 92870 is still wide open.
📌 Important Levels Today
Resistance:
• 92040
• 92870
• 93690
Pivot:
• 89300
Support:
• 89300
• 87920
• 87100
🧠 Brief Analysis
RSI below neutral zone → momentum is still heavy.
MACD negative → market is still mixed.
Price below MA20 & MA50 → selling pressure is still there, but this area often becomes a bounce spot.
⚠️ Alternative Scenario
If 89300 breaks, BTC could shift to 87920 or even 87100.
BTC
92,354.57
-1.90%
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