🚨 $BTC /USDT: Critical Levels in Play – Major Move Ahead! 🚨

Bitcoin is currently trading at 90,446.46, down 0.90% in the last 24 hours. With a high of 91,779.66 and a low of 90,056.17, $BTC is consolidating, setting the stage for a potential breakout or breakdown.

Key Levels to Watch:

Target 1: 91,850 – Immediate resistance; a breakout here could signal the start of a bullish move.

Target 2: 93,500 – A crucial psychological level that could trigger buying momentum.

Target 3: 95,000 – If bullish sentiment persists, this target marks the next major hurdle.

Support Zones:

Support 1: 90,000 – A critical level to hold for maintaining short-term bullish sentiment.

Support 2: 87,750 – Breaching this level may lead to a sharper decline.

Market Insights:

MA Analysis: $BTC is trading below the 25-day MA (91,001.46), suggesting bearish pressure. However, it’s still above the 99-day MA (89,716.15), indicating longer-term support.

Volume Surge: Strong trading volume (21,621.83 BTC) highlights active market participation, with potential for heightened volatility.

Next Move:

A break above 91,850 could push BTC toward 93,500 and beyond. However, failure to hold 90,000 might signal a deeper retracement toward 87,750. Keep an eye on these levels and trade cautiously during this volatile period.

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