📉 $BTC Daily Outlook: $90k Defense Mode Initiated
Market Analysis (Dec 11):
Bitcoin is facing headwinds today despite the 0.25% rate cut. The correlation with traditional tech stocks is high right now, and "risk-off" sentiment is dominating the session.
The Setup:
Bearish: We failed to break the $94k resistance earlier today.
Support Test: We are currently testing the psychological $90k support.
RSI: Cooling off, suggesting the "panic selling" might be nearing exhaustion soon.
#BinanceAlphaAlert #BTC #CryptoNewss

BTC
87,937.47
-1.35%
