Bitcoin's current price is $88,108.01, and it's showing a bearish trend with a 0.68% decrease in the last 24 hours. The 50-day moving average is falling, indicating a weakening short-term trend, while the 200-day moving average has been rising since January 22, 2026, suggesting a strong longer-term trend.. $BTC

Some key support levels to watch are $85,600, $82,000, and $79,000, while resistance levels are at $90,500 and $96,000. Analysts predict a potential rebound, but caution that a break below $85,600 could trigger a renewed downtrend.