Urgent Update - Bitcoin (BTC/USD)

🚨 Urgent Update - Bitcoin (BTC/USD) 🚨

🔹 Current Price: $89,334
🔹 The strong downtrend continues, and BTC is approaching the critical $88,000 level.

📌 Key Technical Levels Now:

✅ Support:
• $88,000 - $87,500 → Key psychological level + potential demand zone.
• $85,000 - $84,000 → Major support if the decline continues.

❌ Resistance:
• $91,500 - $92,000 → Current resistance (50% Fibonacci).
• $93,700 - $95,000 → Strong resistance (Equilibrium + Supply Zone).

📉 Bearish Scenario:
• If $88,000 breaks, we could see a sharp drop towards $85,000 - $84,000.
• Sell setup: Below $88,000 with SL at $88,500, targeting $85,000.

📈 Bullish Scenario:
• If $88,000 holds and reversal signals appear, we could see a bounce towards $91,500 - $92,000.
• Buy confirmation: Only after breaking above $91,500.

🎯 Trade Opportunities Now:

✅ Scalping:
• Buy from $88,000 with SL at $87,500 and TP at $91,000.
• Sell from $91,500 with SL at $92,000 and TP at $89,000.

✅ Swing Trades:
• Buy from $85,000 with SL at $84,000 and TP at $95,000.

🚀 Important Notes:
• If BTC breaks below $88,000 strongly, further decline towards $85,000 is likely.
• If a strong bounce occurs from $88,000, a quick buy trade with a tight stop loss could be considered.