Bitcoin Price Action Alert!
The latest $BTC chart shows a dramatic turn, as Bitcoin struggles to hold above critical support.
After an initial rally pushing above $88,000, the price faced sharp resistance and is now dipping below the moving average.
Key Levels to Watch:
Support Zone: Bitcoin $BTC is testing the crucial $88,000 support (orange line).
A break below this could lead to further downside pressure.
Volume Surge: Notice the red volume bars increasing as the price declines, signaling selling pressure is mounting.
Bulls need to step in to avoid a potential plunge.
What's Next? If this support breaks, we could see a fast drop as selling accelerates. But if bulls defend this zone, we might witness a bounce-back rally.
The market’s on edge—brace for high volatility!
Traders: Tighten your stops, watch volume, and prepare for rapid moves. This could be a make-or-break moment!