$BTC Market Update: Testing the Support Levels! 📉📊

​Bitcoin is currently navigating a choppy waters, trading at $87,700 with a slight decline of -1.13%. The 4-hour chart reveals a significant pull-back from recent highs, but the bulls are fighting to hold the line.

​Key Data Points:

​Current Price: $87,700.00

​24h High/Low: $88,776.87 / $86,074.72

​Trading Volume: 20,801.91 BTC ($1.82B USDT)

​Chart Analysis: After a sharp drop from the $95,639 level, we are seeing a small recovery (green candles) near the $86,074 support zone.

​Market Insight:

The news of BlackRock filing for a Bitcoin Premium Income ETF is keeping the fundamental outlook interesting despite the price correction. The market is currently in a "wait-and-see" mode as it consolidates around this $87k area.

​Stay disciplined, watch the support at $86k, and manage your risk! 🛡️

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