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🤔Next step for BTC/USDT🚀👇🏻
Current situation: BTC is holding around $90.8K, showing neutral momentum after a recent pullback from highs. The chart is in consolidation — Bollinger Bands are narrowing, indicating energy accumulation before a breakout.
What’s important now:
1. The $92.8K level — key. Breaking and holding above it will open the way to $95.9K and higher.
2. Support at $87.1K — if the price drops below, a test of $84.4K is likely.
3. Indicators (MACD, RSI) show potential for a reversal upward, but confirmation is needed.
Scenarios:
· Bullish: Holding above $90.8K and breaking $92.8K with increased volume → target $95.9K – $97.9K.
· Bearish: Falling below $87.1K → increased pressure toward $84.4K.
What to do?
Watch the price reaction at $92.8K (resistance) and $87.1K (support). A breakout of either level with volume will set the direction for the coming days.
Entry points:
· On a breakout above $92.8K targeting $95.9K (stop-loss $90.5K).
· Or on a bounce from $87.1K, if it is held.
📊 Conclusion: BTC is in a decision zone. The main signal is a breakout of the Bollinger Bands boundary ($92.8K upward or $87.1K downward). Until then — sideways movement with neutral trend
#CryptoMarketWatch