🔥 BTC Market Breakdown — Is the Bearish Pressure Fading or Strenghtening? 📉📈
Bitcoin dipped near $87K support, testing critical demand as volatility surges. Despite a sharp pullback from recent highs, institutional data suggests 70% of institutions still view BTC as undervalued — pointing to long-term conviction amid macro pressure.
📊 Key Technical Levels (Daily Chart)
• Support: ~$86,000–$88,000 — immediate floor zone
• Resistance: ~$90,000 — key reclaim level for trend flip
• RSI: Still above deep oversold but losing momentum
• MACD: Bearish-leaning below signal line
📈 Market Sentiment Tip:
If BTC holds $87K and volume starts rising, this could signal short-term relief rebounds.
Failure to reclaim $90K–$92K fast may extend bearish consolidation into lower support bands.
🎯 What I’m Watching Next:
Institutional flows + ETF activity — rises could push markets back up.
Macro news / CPI data — impacts risk appetite across assets.
Volume confirmation at breakout zones — real strength signal.
👇 Your Thoughts: Do you think BTC holds strong above $88K, or are we heading for deeper retest? Drop your levels! 🔍
#Bitcoin #BTCAnalysis #CryptoTrading #MarketUpdate
