BTC Market Update: Bearish Pressure Continues! 🚀📉
Bitcoin is currently struggling to hold its ground on the 1-day chart. The overall sentiment remains cautious.
Current Price: $85,610
Trend: Down -0.45% today and -8.24% over the last 30 days.
Moving Averages: Trading below MA(7) ($87,832) and MA(25) ($89,769), showing strong resistance above.
Support: Watch the $84,450 level (24h low) closely. If it breaks, we might see a dip toward $80,600.
Summary: The bears are in control for now. A break above $88,000 is needed to regain bullish momentum. Stay alert!
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BTCUSDT
Prep
88,716.7
+0.67%