📉 BTC Quick Signal: Defending $85K! 🚨 Bitcoin ($BTC ) is facing a crucial test after dropping sharply. The market is currently consolidating around the $85,000 area. Bulls MUST hold this level.
🔑 Key Levels:
Current Price ∼$85,900 CRITICAL Support Test
Must Hold $85,000 – $85,500 A break confirms deeper correction.
Resistance $89,500 – $90,000 Must reclaim for a short-term bounce. $BTC
Next Bear Target $80,000−$80,600 If support fails.
🧭 Short-Term Outlook: Technical indicators show a "Strong Sell" signal on major timeframes, confirming bearish control. Volatility is high, meaning moves can be fast.
Trade Plan: Watch for a quick bounce from $85,500. If $85,000 is lost, prepare for the next drop to the $80K zone. Maintain a strict Stop-Loss.
Critical Support $0.232 Invalidates Long Setup (Use as S/L)
Initial Target $0.300 $First Profit Taking Zone
🔥 Analyst Take:
Momentum indicators are showing early signs of a bullish cross (MACD), suggesting buyers are gathering strength after the pullback. A clean close above $0.280 is the key short-term entry signal.$ACE