📉 Bitcoin Dips Below $89K Amid Risk-Off Sentiment

Bitcoin (BTC) experienced a sharp short-term decline, falling below $89,000 after recent highs near $97K. Geopolitical tensions, global trade uncertainties, and macroeconomic volatility contributed to the downside move, triggering a liquidity sweep in the market.

Key Facts:

• BTC slipped to an intraday low around $87,900, down ~4% from recent highs.

• Short-term support is visible near $88,000–$88,500, a high-volume zone on the order book.

• Market sentiment is cautious, with investors waiting for clear directional confirmation.

• Overhead resistance remains $92K–$94K, where previous liquidity pockets could slow any rebound.

Expert Insight:

This move resembles a liquidity sweep, where stop-losses below key support zones were triggered before reactive buyers stepped in. While short-term pullbacks are expected, BTC’s medium-term structure remains under observation — sustained acceptance above $90K could signal a return to bullish momentum, while a breakdown below $87K may extend consolidation.

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