📊 Bitcoin (BTC) Recent Movement
The chart highlights the volatility triggered by recent macro events (like the Federal Reserve decision) and shows the battle around the critical $90,000 level.
$94,250 (Key Resistance): Bitcoin peaked near this level but failed to sustain the break, reinforcing its significance as a strong resistance point (often cited as the 61.8% Fibonacci Retracement).
$90,000 (Psychological Level): The market struggle is centered here. Price has recently dipped below it, confirming the immediate bearish pressure.
$89,300 (Recent Support): This is the recent 24-hour low, acting as the immediate floor.
The movement shows a short-term downtrend following the rejection from the high, with the price now consolidating just above the recent low. The next major move will likely occur if BTC decisively breaks above the $92,000 minor resistance or below the $88,000 major support . #TrumpTariffs #BTCVSGOLD
