$BTC is trading around 90,245, down roughly -1.87% in the last 24 hours. After pushing into the 94,588 resistance zone, price has pulled back sharply as sellers took control near the mid-94k region.
Key Observations
24h High: 94,476
24h Low: 89,389
Price has dropped below the MA(7) and is testing the MA(25), signaling short-term weakness
MA(99) at ~90,374 continues to act as a supportive mid-level
$BTC printed a strong red candle after rejection at 92,700–94,500, showing clear profit-taking
Buyers defended the dip around 89,300, preventing a deeper breakdown
Support & Resistance
Immediate support: 89,300 – 89,800
Next support: 88,000 – 88,300
Resistance: 91,300 – 92,700
Major resistance: 94,000 – 95,100
Trend Outlook
Short-term trend: Bearish pullback, with momentum fading at the highs
Mid-term trend: Neutral to bullish, as BTC still holds above the 99MA and continues forming higher lows
Bulls must reclaim 92,700 to regain control and retest the 94–95k area
Losing the 89,300 level may open the door toward 88,000 support
Trading Idea A bounce setup forms if BTC holds above 89,300, targeting 91,500–92,700.
If price stays below the MA(7) and fails to reclaim 91,300, rallies may remain corrective.
Summary BTC rejected strongly from the 94k zone and is now cooling off. The overall structure is still intact, but short-term pressure is visible. Watch 89,300 closely — holding this level keeps BTC in a healthy consolidation, while losing it risks a deeper dip to 88k.
