$BTC 📊 Bitcoin (BTC) – Short-Term Trading Analysis Current Structure BTC is in a consolidation phase after a strong prior uptrend. Price is ranging around a key pivot zone (~$88K), showing market indecision. Key Levels Resistance: $95K → $100K Major Resistance: $110K–$120K (bullish extension zone) Support: $88K Major Support: $70K (critical breakdown level) Scenarios 🟢 Bullish: Clean breakout and daily close above $100K → momentum continuation toward $110K–$120K. 🟡 Neutral: Price remains range-bound between $88K–$100K → choppy, short-term trades favored. 🔴 Bearish: Loss of $88K support → deeper pullback likely toward $70K. Indicators Insight (General) Momentum is cooling, not reversed. Volume contraction suggests a big move is building. Trend remains bullish as long as $88K holds. Trading Note Best strategy now: wait for confirmation (breakout or breakdown). Avoid over-leveraging inside the range. #USGDPUpdate #USCryptoStakingTaxReview #CPIWatch
$BTC $87211.00 -$496.00 (-0.57%) Today 📉 Current Market Snapshot (as of latest data) BTC is trading around ~$87–88K, dipping below key levels amid low holiday liquidity. � The Economic Times +1 Price action continues range-bound roughly between $85K and $94K with tight consolidation. � TradingView Volatility is muted due to thin volume in holiday trading. � The Economic Times 🧠 Technical & Short-Term Signals Resistance & Support Immediate resistance: ~$90K–$94K zone — breakout could fuel upside momentum. � TradingView Key support: $85K level — a decisive break could risk deeper correction. � FXStreet Market Indicators Moving averages & RSI show mixed signals: shorter MA & RSI readings lean modestly bullish, while longer-term MA suggests caution. � #USGDPUpdate #USCryptoStakingTaxReview #USJobsData
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