$BTC /USDC Latest Analysis

Bitcoin is currently trading around $87,249, showing a mild recovery after bouncing from the strong support near $85,300. On the 1H timeframe, price has formed higher lows, indicating short-term bullish momentum. However, BTC is still trading below the Supertrend resistance near $87,980, which is acting as a key barrier for further upside.

If BTC manages to break and hold above $88,000–$88,400, a retest of the $89,500–$90,300 resistance zone could follow. On the downside, failure to clear resistance may lead to consolidation or a pullback toward $86,200 and $85,300 support levels. Overall, the structure remains cautiously bullish, but confirmation needs a strong breakout with volume.

#BTC #BTCVSGOLD #BinanceBlockchainWeek

BTC
BTC
85,455.02
-0.76%