๐ Support Levels: โข $87,000 โ $90,500 โ Major immediate support zone โข $100,000 โ Key psychological level for trend reversal
๐ Resistance Levels: โข $98,000 โ $100,000 โ Short-term challenge zone โข $108,000 โ $113,600+ โ Strong medium-term resistance range
๐ Market Insight: Bitcoin is currently trading near the $89K area, holding key support around $87K-$90K. A break below this could open deeper correction levels โ but holding here could lead to a retest of strong resistance at $98K-$100K. Above that, the next targets are $108K โ $113K+.
๐ Trading Tip: Keep an eye on the $98K and $100K resistance levels for breakout confirmations, and watch $87K support for downside risk management.
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#BitcoinActivityPicksUp
๐ Bitcoin (BTC) Market Update โ Live Price & Key Levels
๐ธ Current BTC Price (Live): โ $89,611 USD
๐ Support Levels:
โข $87,000 โ $90,500 โ Major immediate support zone
โข $100,000 โ Key psychological level for trend reversal
๐ Resistance Levels:
โข $98,000 โ $100,000 โ Short-term challenge zone
โข $108,000 โ $113,600+ โ Strong medium-term resistance range
๐ Market Insight:
Bitcoin is currently trading near the $89K area, holding key support around $87K-$90K. A break below this could open deeper correction levels โ but holding here could lead to a retest of strong resistance at $98K-$100K. Above that, the next targets are $108K โ $113K+.
๐ Trading Tip: Keep an eye on the $98K and $100K resistance levels for breakout confirmations, and watch $87K support for downside risk management.