Based on the 1D chart #bitcoin is currently struggling to find momentum above key moving averages, confirming a prevailing bearish bias. Current Price: $89,007.75 📊 Key Technical Levels to Watch: Immediate Resistance (MA-7): $90,463.16 Interpretation: $BTC must close above this level to ease selling pressure. Critical Resistance (MA-25): $91,621.80 Interpretation: Reclaiming this level is crucial for any potential short-term reversal or relief rally. Key Support Zone: \approx 80,600.00 Interpretation: A break below the 24h Low (88,056) likely leads to a test of this significant swing low. 🔮 Upcoming Scenarios: Bearish Continuation: Failure to hold \approx 88,000 will target the 80,600 support zone. Bullish Recovery: A convincing daily close above 91,621.80 could set up a move toward the 94,440 resistance area. The overall trend remains bearish until the price can decisively reclaim the medium-term moving averages. Trade safely! #BTC #crypto #TechnicalAnalysiss #CryptoNews
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