📊 Bitcoin Price Analysis: Watch for the Possible Drop! 🚨 $BTC
Bitcoin is experiencing profit-taking by some traders, which could lead to a drop towards the key support of $90,000. 📉
Technical indicators show that moving averages are on the verge of a bearish crossover and the relative strength index (RSI) is in negative territory, suggesting that bears are taking control. 📊
To avoid a drop, buyers must strongly defend the zone between $85,000 and $90,000. If they succeed, the BTC/USDT pair could maintain a wide range. 📈
However, if a break below $85,000 occurs, it could trigger a massive sell-off and plunge the pair down to $73,777. 📉
Watch for market movements and adjust your strategies as necessary! 💡