BTC is currently trading in a consolidation phase, showing sideways price action after a strong prior move. Price is ranging between key support and resistance zones, indicating market indecision.
š Key Levels to Watch
Support: $88,000 ā $86,000
Resistance: $92,000 ā $95,000
A sustained hold above support suggests buyers are still defending the trend. However, a clean breakout above resistance could open the door for renewed bullish momentum toward psychological highs. Conversely, a breakdown below support may trigger a short-term correction.
š Momentum & Trend
Volume remains moderate, signaling traders are waiting for confirmation
Indicators suggest neutral-to-slightly bullish bias, pending a breakout.
BTC
64,778.01
-9.71%