#bitcoin has struggled to regain the $90,000 level and has since dropped from that point. The recent crypto summit did not yield any significant developments. Currently, a symmetric triangle pattern is forming on the lower time frames, and we can expect a break from this pattern in the next 2-3 days, which will help determine the next direction for Bitcoin. The local support level is around $86,000, with stronger support found in the $83,200 to $83,800 range.Follow me for more . $BTC $XRP $ADA
Price is currently trading near a major support area, and we might observe some sideways movement here. You can consider opening a long position at the support area with a stop loss.