$BTC /USDT BEARISH PRESSURE INTENSIFIES – LOOKING FOR DIPS TO CONTINUE!

Bitcoin ($BTC/USDT) is showing signs of bearish momentum after failing to sustain above the 88,000 resistance level. Price has dipped to 87,492 and may test the immediate support around 86,116 if selling pressure continues. The 24h chart shows lower highs and lower lows, indicating sellers are currently in control. Short-term traders should watch for a break below 87,200 for confirmation of further downside.

Trade Setup:

Short Entry: 87,400 – 87,500

Take Profit (TP1): 87,000

Take Profit (TP2): 86,500

Stop Loss (SL): 88,000

Market Outlook:

BTC remains under pressure in the near term. A failure to hold the 86,100 support could open the door for deeper corrections toward 85,500–85,000. However, any strong reversal above 88,200 could invalidate the bearish bias.

#BTC #CryptoTrading #BearishBTC #CryptoAnalysis #USJobsData $BTC

BTC
BTC
90,915.03
-1.20%