BTC Update: Keeping an Eye on the Dip! ₿

Hello friends! Bitcoin is in an interesting position right now. Looking at the recent chart, the market is going through a bit of a “cool off” period, which is necessary for a healthy market.

📊 Key Statistics Right Now:

Current Price: $89,011.31

24h High: $89,853.38

24h Low: $88,838.72

Change: -0.90% (in the last 24 hours)

24h Trading Volume (USDT): 394.65M

🔍 My Analysis (Market Insight):

BTC found resistance near $89,853 and has fallen slightly from there. It is currently hovering around the psychological level of $89,000. Looking at the 15-minute chart, a good support is forming at $88,838 from where it has recovered slightly.

What should be the next step?

If the price falls below $88,800, we could see further declines, but if it holds here, a return to $89,500+ is possible. Short-term traders beware and use stop losses!

What do you think? Is this a good time to buy or will we go lower? Let us know in the comments! 👇

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