🚨 Bitcoin Testing Key Support at $88,920! Will $BTC Hold or Break? 🚨

The king of crypto, Bitcoin ($BTC ), is currently trading at $88,920.06, reflecting a 3.17% drop in the past 24 hours. After reaching a high of $93,139.93, $BTC faced significant resistance and has now pulled back, testing critical support levels.

🔍 Key Indicators to Watch:

24h High: $93,139.93

24h Low: $87,526.74

Moving Averages: Short-term MA (7) and MA (25) are trending slightly downward, indicating a potential correction phase, while MA (99) shows longer-term support around $86,640.41.

Key Levels to Watch:

Immediate Support: $87,500 – If BTC falls below this, we could see further downside pressure.

Major Resistance: $93,000 – Breaking above this level would reignite bullish momentum, pushing BTC closer to the $95,000 target.

⚠️ What’s Next for BTC? Traders should keep a close eye on these levels, as BTC’s movement could define the market’s direction in the coming hours. A break below support might trigger further corrections, while holding above could signal consolidation before another potential rally.

Stay alert and trade wisely!

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