🔥🔥🔥

📉 Bitcoin continues its correction near $86.9K
🔥🔥🔥

$BTC did not hold above the $88K level and is now trading in the $86.9K zone, maintaining a downward trend on the hourly timeframe.

📊 On the chart we see:

Price below MA(7), MA(25), and MA(99) — selling pressure is increasing

Minimum for the day — $86.6K

Resistance: $87.5K — $88.0K

Support: $86.6K — $86.4K

📌 Conclusion:
As long as BTC is trading below key averages, the market remains in a correction phase. A consolidation above $87.5K may ease selling pressure.🔥🔥🔥

✍️ Not financial advice — just market analysis 🙂

$BTC
{spot}(BTCUSDT)
$ETH
{spot}(ETHUSDT)