Bitcoin is digesting a sharp breakdown from higher Fibonacci resistance levels. While immediate selling pressure has eased, the overall structure remains bearish unless BTC can reclaim $97.5K–$100.8K with strength and volume.
Failure to hold the $88K region would significantly increase the probability of a deeper pullback toward the $80K major demand zone.
Fear is high — but markets don’t turn on fear alone. They turn on structure, liquidity, and patience.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
Bitcoin is digesting a sharp breakdown from higher Fibonacci resistance levels. While immediate selling pressure has eased, the overall structure remains bearish unless BTC can reclaim $97.5K–$100.8K with strength and volume.
Failure to hold the $88K region would significantly increase the probability of a deeper pullback toward the $80K major demand zone.
Fear is high — but markets don’t turn on fear alone. They turn on structure, liquidity, and patience.
$BT