BTC/USD$BTC T Market Update

Bitcoin is holding strong at 88,728 after a sharp bullish impulse. Price surged from the 87,800 zone and printed a 24H high at 89,081, showing clear buyer dominance.

Key Levels

Current Price: 88,728

24H High: 89,081

24H Low: 87,795

Market Structure

Strong bullish breakout followed by healthy pullback. Price is consolidating above key intraday support, signaling strength rather than weakness.

Indicators

Parabolic SAR remains below price, trend still bullish.

Volume spiked during the breakout, confirming momentum.

Short-term candles show profit booking but no breakdown.

Bias

As long as BTC holds above 88,300–88,000, upside continuation toward 89,200 and higher is possible. A clean break below support may lead to short-term consolidation.

Overall Outlook

Bullish momentum intact with controlled retracement. Buyers$BTC still in control.