Bitcoin is currently trading around $86,500, showing mild bearish pressure after failing to hold above the $86,900–$87,000 resistance zone. Price is moving near the MA(25) and slightly below the MA(7), indicating short-term weakness.
The MACD has turned negative, with histogram bars expanding downward, suggesting bearish momentum in the short term. Volume is also decreasing, which shows lack of strong buying interest at current levels.
Key Levels to Watch:
Resistance: $86,900 – $87,000
Immediate Support: $86,300
Major Support: $85,850
If BTC holds above $86,300, a consolidation or minor bounce is possible. However, a breakdown below $85,850 could lead to further downside toward the $85,300 zone. Bulls need a strong reclaim above $87,000 to resume upside momentum.
Market Bias: Short-term bearish to neutral Trend: Consolidation with downside risk
Bitcoin Major Market Dumps – Historical Perspective
X-axis (Events):
2013 Crash
2017–18 Bear Market
March 2020 (COVID)
May 2021 (China Ban)
Nov 2021 Top
2022 (LUNA & FTX)
Y-axis: Approximate Drawdown (%) (-50% to -85%)
Chart Caption for Binance Square: “Bitcoin has faced multiple deep corrections across different cycles. History shows that volatility is temporary, but adoption is permanent.”$BTC
Bitcoin (BTC) is currently trading in a consolidation zone while maintaining a strong overall structure. Price continues to respect key support levels, showing that buyers are active on dips.
From a technical perspective, BTC is forming a healthy base. A confirmed breakout above resistance could trigger the next bullish move, while failure to hold support may lead to short-term volatility.
#apro $AT Dive into the future of blockchain data with @APRO-Oracle! The $AT ecosystem is revolutionizing smart contracts with reliable, real-time data feeds. #APRO is empowering developers and users alike to build smarter, faster, and more secure decentralized applications. 🚀
#falconfinance $FF Exploring new opportunities with @falcon_finance! The $FF ecosystem is bringing powerful DeFi tools that make trading, staking, and asset management easier and faster. Excited to see how #FalconFinance continues to innovate and empower users in the decentralized future. 🔥
#kite $KITE Exploring the future of AI-powered trading with @GoKiteAI! The $KITE ecosystem is shaping a new era of automation, analytics, and smarter decision-making for crypto users. 🔥 If you're into innovative AI tools and next-gen crypto utilities, #KITE is definitely worth keeping an eye on!
#lorenzoprotocol $BANK Exploring the future of decentralized finance with @LorenzoProtocol! Their innovative approach to liquid restaking and on-chain yield strategies is opening new doors for users looking to maximize returns with $BANK . Excited to see how #LorenzoProtocol shapes the next era of DeFi! 🚀
#yggplay $YGG The YGG Play Launchpad is officially LIVE! @YieldGuildGames is making it easier than ever to discover top web3 games, complete exciting quests, and unlock early access to new game tokens. If you're looking to level up your gaming journey, now’s the time! 🚀 #YGGPlay $YGG
#injective $INJ Excited about the future of DeFi — @Injective is opening doors for creators and builders through its new CreatorPad initiative 🚀. With zero gas fees, cross-chain support, and deep liquidity powered by $INJ , this is a real chance to build, trade or launch your next idea in the #Injective ecosystem
Exploring the power of @Hemi — the next evolution of modular blockchain architecture! 🚀 With its cutting-edge Layer 2 technology and focus on scalability, $HEMI is paving the way for faster, cheaper, and more efficient dApps. The future of Web3 is modular, and #HEMI is leading the charge!
Hey everyone! 🚀 Just diving deep into scaling solutions — shoutout to @0xPolygon for pushing the boundaries in blockchain interoperability. The #Polygon ecosystem continues to impress with its low gas fees, EVM compatibility, and vibrant DeFi activity. With $POL as the heart of governance and staking, it’s more than just a token — it’s the engine powering the future of scalable, sustainable blockchain networks.
Exploring @rumour.app on Rumour.app is a game-changer! From catching whispers at Token2049 to spotting early alpha, this platform transforms insights into real opportunities. How do you plan to use it? 🚀 #traderumour
Exploring the limitless future of AI with @HoloworldAI 🚀. The integration of #HoloworldAI and $HOLO is shaping innovative pathways in digital interaction, bringing smarter solutions and endless opportunities for the community!
@Boundless , a platform designed to unlock true scalability and cross-chain connectivity. The future of Web3 needs solutions that are seamless, fast, and secure — and Boundless is paving the way! #Boundless $ZKC
Excited about the future of decentralized trading with @OpenLedger 🚀 The vision of creating a secure, transparent, and community-driven ecosystem makes #OpenLedger a true game changer in Web3. Keep your eyes on $OPEN 👀✨
Create at least one original post on Binance Square with a minimum of 100 characters. Your post must include a mention of @Somnia Official and contain the hashtag #Somnia and $SOMI to be eligible. Content should be relevant to Somnia and original.