Will $BTC Fall To $85K 🚨🚨🚨
The current market sentiment appears bearish as BTC has dropped below key moving averages and high selling volume suggests potential for further decline. If BTC breaks below the $88,800 support level, the next key support to watch could be lower. However, a recovery above $91,000 could indicate the beginning of a bullish reversal.
Support and Resistance
Immediate Support: $88,829.76 (recent low).
Resistance: $90,852.59 (recent high), followed by $91,790.
If BTC holds above the support around $88,800, it may find stability or a potential reversal zone. Failing to hold this level could lead to further declines.
