$𝗕𝗧𝗖 𝗨𝗽𝗱𝗮𝘁𝗲: 𝗥𝗲𝗷𝗲𝗰𝘁𝗶𝗼𝗻 𝗮𝘁 $𝟵𝟮𝗞 𝗮𝗻𝗱 𝗦𝘂𝗽𝗽𝗼𝗿𝘁 𝗧𝗲𝘀𝘁 𝗮𝘁 $𝟴𝟵,𝟴𝟬𝟬

Bitcoin has tested the $92,000 zone but encountered a swift rejection, pulling back to consolidate around $90,000. This move highlights ongoing selling pressure, with the price now defending a critical support level at $89,800, a threshold that, if held, could stabilize sentiment and prevent further erosion.

Outlook: Rebound Path or Deeper Pullback? 📈

A successful hold above $89,800 should facilitate a retest of $92,000, followed by the key resistance trend line at $93,000. Clearing that barrier would signal renewed bullish control and open higher targets. Conversely, failure to defend $89,800 exposes additional supports around $88,000 and the trend line at $86,500, potentially accelerating downside.

What do you think? Can BTC hold and break above resistance for a rebound, or are we more likely to test those lower levels first? Let's know your thoughts below.

$BTC
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