$BTC Bitcoin’s current status and key levels before entering a trade (as of today’s market data):
Bitcoin is currently showing weakness after losing major support, trading around the mid-$80,000s to low-$90,000s recent range. BTC has broken below the key $90,000 zone and even dipped under $88,000, signaling continued short-term bearish pressure and heightened volatility. Many traders are now defensive, waiting for a clearer directional cue.
📉 Current Market Context
Multiple sources report BTC losing the $90,000 support, with market sentiment remaining shaky.
The price action looks range-bound with downside pressure — a break below key supports could accelerate selling.
🎯 Key Levels to Watch
📌 Support Levels
$86,950–$88,000 — Immediate support zone on short-term charts.
~$85,000 — Secondary support if breakdown continues.
$80,000 area — Major psychological support; breach could open deeper pullbacks.
📌 Resistance Levels
$90,200–$90,300 — First resistance after recent breakdown.
$92,900–$94,500 — Next hurdle — breakout zone for bulls.
$96,000+ — Key zone where bullish continuation would gain traction.
⚠️ Trade Considerations
Bullish thesis: needs reclaim of $90K+ with volume and then clear $94K–$96K resistance.
Bearish thesis: a confirmed break below $86K–$85K support increases risk of deeper pullbacks.
Always align entries with your risk tolerance and use proper stops — markets are choppy.
It's not financial advice - above data is according to my research do your own research and manage risk appropriately.
#BTC #BTCTrading