$BTC BTC is moving in a short-term pullback after failing to hold the recent high. On the 1H timeframe, price is trading below key moving averages, showing weak momentum for now.
What indicators suggest: RSI is near oversold → selling pressure is slowing MACD still bearish, but momentum loss is visible Volume is decreasing → panic selling is not strong Levels to watch: Support zone: 85.8k – 86.0k Resistance zone: 88.0k – 89.0k Outlook (personal view): Short term: possible sideways move or small bounce from support Mid term: trend direction will be clearer after reclaiming 88k If support breaks, deeper correction can’t be ignored This is just a market observation, not financial advice. Always manage risk and trade your own plan.
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$BTC BTC is moving in a short-term pullback after failing to hold the recent high. On the 1H timeframe, price is trading below key moving averages, showing weak momentum for now.
What indicators suggest:
RSI is near oversold → selling pressure is slowing
MACD still bearish, but momentum loss is visible
Volume is decreasing → panic selling is not strong
Levels to watch:
Support zone: 85.8k – 86.0k
Resistance zone: 88.0k – 89.0k
Outlook (personal view):
Short term: possible sideways move or small bounce from support
Mid term: trend direction will be clearer after reclaiming 88k
If support breaks, deeper correction can’t be ignored
This is just a market observation, not financial advice. Always manage risk and trade your own plan.