🚨 Bitcoin is at a crossroads and the market is awaiting a decision
$BTC has so far failed to break the 90,000$ level and is trading near 87,000$, with a clear weakness in momentum. The rejection from recent highs reflects increasing caution from traders and a slowdown in institutional demand and wallet growth.
🔻 The next support is currently at 85,500$, and breaking it may open the door for further decline.
🔺 Conversely, a strong daily close above 90,000$ could restore confidence and push the price towards 93,000–94,000$.
Overall, the market is sideways and compressed, and the next movement will stem from these critical levels. Patience, discipline, and risk management are essential now.
BTC
87,480.61
+0.72%