$BTC /USDT | Market Holding Its Breath

Bitcoin is trading at 87,035, down 0.59%, after rejecting the 88,372 intraday high. Despite the pullback, price is still holding firmly above key demand, showing resilience rather than weakness.

On the 15m timeframe, BTC printed a sharp sell-off followed by aggressive dip-buying from the 86,600 – 86,800 zone. The strong bullish reaction from the lows signals active institutional interest and prevents deeper downside for now.

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Key Levels

Immediate support: 86,600 – 86,800

Strong demand zone with clear wick rejections

Resistance: 87,300 – 87,500

Major supply zone: 88,300 – 88,400

Market Insight Momentum is neutral but stabilizing. As long as BTC holds above 86,600, this move looks like a corrective pullback rather than trend breakdown. The recent impulse candle suggests buyers are defending aggressively.

A clean break and hold above 87,500 could open the door for another attempt toward 88,300+. Failure to hold 86,600 would shift control back to sellers and invite further volatility.

Bitcoin is coiling at a high-stakes level. The next move will be decisive — patience here pays.