BTCUSDT Next Suppport at $87k
2025-01-01
Category: None

BINANCE:BTCUSDT  technical analysis update

BTC is trading at the support trend line and about to break below it. The price is trading below the 100 and 200 EMA, indicating bearish momentum. If the price breaks down, we can expect a bearish move, with a possible drop to $87K. The next strong support is at the $87-88K level, where we can anticipate a significant bounce.

Regards
Hexa