📈 Bitcoin briefly soared above $88K, nearly breaking a key resistance before bearish pressure triggered a $500M liquidation across the market. While bearish sentiment rises, BTC may still be preparing for a major breakout—if it can endure the short-term volatility.
📉 Traditional markets struggled amid tariff concerns, but crypto showed resilience. BTC bounced off $82K lows, and now eyes $90K+, but a strong resistance trendline still looms.
⚠️ Technicals are mixed—volume is down, and a Death Cross (50-200 MA crossover) is looming. The DMI had flipped bullish, but weak volatility may reverse that. Until BTC breaks the trendline, the risk of a deeper pullback remains.
📊 If support fails, BTC could dip to $81K, or even test $76.7K–$77K as fresh 2025 lows. This drop may serve as a liquidity flush, setting the stage for a stronger climb beyond $90K.
🛡️ Bulls are defending support zones, but haven’t triggered a solid 20% rebound yet. A deeper correction might be what’s needed to reset sentiment and power the next leg toward $100K.
⚠️ Disclaimer:
This post is for informational purposes only and does not constitute financial advice or endorsement.
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