$BTC

Based on the current chart, the BTC/USDT market is in a downtrend, showing lower highs and lower lows. The price has recently dropped to around 87,029.65, indicating bearish momentum. The moving averages (MA7, MA25, and MA99) are positioned above the current price, reinforcing the downward trend.$BTC

Given this setup, there is a possibility that BTC could continue to decline if the bearish pressure persists. A potential target could be around the 80,000 mark or lower if no significant support is found. However, keep an eye on potential support levels and price reactions around key zones, as a reversal or consolidation phase could emerge.$BTC

Always consider risk management strategies, as cryptocurrency markets can be highly volatile.