$BTC /USDT Market Report ⚡📊
BTC is currently trading around $88,160.
Bitcoin has entered a correction phase, which is normal after a strong upward move. The price moved down from $90,600** and reached the **$88,000 area. This move is healthy and does not indicate a market crash.
The market shows normal selling pressure, mainly due to profit taking. There is no sign of panic selling. Trading volume remains stable, and buyers are slowly returning, starting a small recovery.
Support & Resistance:
· Main Support: $86,000 – $87,000 — holding well for now.
· Resistance: $89,500 – $90,600 — a clear break above supports further upward movement.
Outlook:
· If BTC holds above $87,000**, price may move back toward **$89,000 – $90,000.
· A drop below $86,500** could see next support around **$84,000 – $85,000.
· The most likely scenario is sideways movement between $87,000 – $89,500.
Conclusion:
This correction is normal and healthy. Market structure remains bullish while support holds. Traders should wait for clear confirmation before entering new positions.
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