$BTC is currently consolidating after recent volatility, trading near a key decision zone. Price is facing strong resistance around the upper range, where multiple rejections have occurred. A clean breakout above this resistance could trigger bullish momentum and continuation upward.
On the downside, $BTC is holding above major support levels. As long as support remains intact, the overall structure stays neutral to bullish. Momentum indicators suggest selling pressure is weakening, hinting at a possible short-term bounce.
Key Levels
Resistance: Major overhead zone (breakout needed for bullish move)
Support: Strong demand area below current price
Trend: Sideways with breakout potential
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BTC
87,738.49
-2.39%