$BTC Latest Analysis :
The broader crypto market is weak and
$BTC is under pressure — a recent plunge saw it fall below US$ 90,000 in some estimates.
Technically, BTC shows a short‐term “hammer” candlestick pattern that suggests a possible bounce, but the larger trend remains bearish.
Key resistance and support: needs to reclaim ~$88,000–$90,000 to turn bullish; below ~$80,000 – $81,000 may open deeper losses.
Bottom line: Potential for a short relief rally, but fundamentally still in a risk‐off phase until macro/market sentiment improves.
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