Good news: Bitcoin just hit a support level that's worked like a trampoline three times before. Think of it like a safety net around the current price.
If you're holding Bitcoin, keep an eye on the $89,200-$90,200 range. If Bitcoin breaks above this, it could climb toward $93,600-$95,000.
What should you do?
If you're thinking of buying: Wait to see if Bitcoin holds this support level for a day or two. A bounce from here could be your entry point.
If you're already holding:
Be patient. The path up won't be straight - expect some bumps.
If you're worried:
Set a stop-loss below the current support zone to protect yourself if things go south.
Bitcoin is at a make-or-break spot. The next few days will show if buyers step in or sellers take control. Don't rush - let the price action guide you.
