#HasTheMarketDipped? #BTCMarketAnalysis


The BTC price has retreated back to the support level.

Currently, we are witnessing a mixed picture in Bitcoin, with both long-term investors resisting and short-term investors reacting. This balance may limit sudden drops but also prevent rapid rises. Since short-term players have seized the momentum, the price stagnation in BTC may continue for some time.

Bitcoin is trading around $86,581 and holding above the $86,361 support level. If market conditions improve and selling pressure from short-term investors decreases, the BTC price could recover towards the $90,401 resistance. Breaking above this level would restore confidence after recent losses.

However, a break below the $86,361 support level could increase downward pressure. In this case, the $84,698 level emerges as the next support zone. If this area cannot be held, Bitcoin could fall below $85,000, increasing the risk of a drop to $82,503; such a scenario would invalidate the bullish outlook.
BTC0.54%
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Crypto_Buzz_with_Alexvip
· 7h ago
1000x Vibes 🤑
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Crypto_Buzz_with_Alexvip
· 7h ago
Bull Run 🐂
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repanzalvip
· 12-17 10:36
1000x Vibes 🤑
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HighAmbitionvip
· 12-17 10:30
HODL Tight 💪
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CryptoSocietyOfRhinoBrotherInvip
· 12-17 09:58
Experienced driver, guide me 📈
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Miss_1903vip
· 12-17 09:45
Thank you for the information 🤗🍀
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Discoveryvip
· 12-17 09:35
Watching Closely 🔍
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