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BTC Is Awaiting a Breakout
$BTC is preparing for a major move! 📈 Bitcoin’s price is currently being suppressed below an established downtrend, signaling market uncertainty. The next direction mainly depends on broader macroeconomic conditions.
If macro conditions deteriorate, $BTC could drop below $91,521. Further decline past $89,800 could lead to a test of $86,822. This scenario would increase selling pressure and reinforce the current downtrend. 📉
Conversely, if bullish momentum strengthens, Bitcoin could finally break above its downtrend. A push above $95,000 toward $98,000 is possible. This breakout would invalidate the bearish outlook and reestablish a bullish structure. 🚀
(BTCUSDT)