The price of Bitcoin is in one of those tension zones where we either pull out the umbrella or prepare for takeoff, because holding the support of $87,200 has been the lifeline we were all waiting for to avoid panicking. 📉💥
Look, here's the thing: our reigning currency took a hard hit recently, falling from $95,475 to hit the bottom at $87,200. But be careful, not everything is drama. In the last few hours, Bitcoin has started to show its strength and has already broken a bearish trend that had it suffocated at $89,700. Right now we are in a consolidation phase, which in clear English means the market is catching its breath and deciding where to jump next. 🏃‍♂️💨