$BTC is hovering near 88.3K after a clean rebound from the 86.9K zone. That dip didn’t last long—buyers stepped in aggressively and absorbed the sell pressure.
The current price action is slow and controlled, which suggests consolidation, not distribution. This looks more like a pause while supply gets absorbed rather than a top forming.
As long as Bitcoin holds above 86.8K, the overall structure remains healthy. Demand is clearly protecting this area, so there’s no immediate cause for fear.
If price maintains strength above 88K, the next meaningful resistance sits around 91K, where sellers are likely to show up again.
However, a daily close below 86.8K would invalidate this bullish setup and open the door for deeper downside.#USGDPUpdate
