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Bitcoin under pressure at critical resistance levels
The cryptocurrency market is showing uncertainty, and Bitcoin is facing a serious test. According to recent analysis by an experienced trader on X, the main focus is on two resistance zones where BTC experiences the greatest pressure.
Critical Resistance Zones: 87,972 and 90,428
As noted in analysts’ posts, Bitcoin encounters stubborn resistance in the range of $87,972-$90,428. These levels act as significant barriers that the price struggles to overcome under current conditions. For traders, this means that breaking above these levels will require serious effort and substantial buying volume.
Shorts and Risk Management: The Main Strategy
If Bitcoin fails to break through this resistance, it could create favorable conditions for opening short positions. However, analysts emphasize the critical importance of setting stop-losses when entering a position. This approach allows traders to limit losses in case of an unexpected market reversal.
The Market Demands a Strategic Approach
In the current market uncertainty, success depends on accurately identifying entry, exit, and capital protection levels. Bitcoin demonstrates classic resistance behavior, where each bounce can either signal the start of an upward trend or trap careless traders. Sound trading tactics and discipline become key factors for navigating this complex market resistance.