📉 $BTC loses momentum after local high 🎁🎁🎁
Bitcoin has declined from a maximum of $88,176 to $86,410, where it is currently trying to hold.
📊 Key points from the chart:
The price has dropped below MA(7) and MA(25) — short-term weakness.
MA(99) from above acts as strong dynamic resistance.
Volumes are decreasing — the buyer is currently inactive.
Support: $85,800–$86,200.
Resistance: $87,100–$87,500.
📌 Conclusion:
BTC is in a correction phase after the rise. Without a return above $87.5K, recovery looks unlikely.🎁🎁🎁
BTC
86,660.08
-0.34%
ETH
2,919.14
-0.69%
