📊 BTC Market Update — Bulls Still Holding Strong
Bitcoin is currently trading around $84,756, showing resilience after its recent rally toward $87,385.
The chart remains bullish on the 1D timeframe. BTC is trading above its MA(7) at $84,166, MA(25) at $81,387, and MA(99) at $71,122, indicating that the broader trend is still in favor of the bulls.
However, BTC is facing resistance around the $87K–$88K zone. A strong breakout above this area could open the door for another bullish move, while losing the $83K–$81K support zone could trigger a deeper correction.
🔥 Bottom Line:
BTC bulls are still in control, but the next breakout is crucial. $87K is the battlefield — a clean break could bring fresh momentum, while rejection may lead to short-term consolidation.
