$BTC daily chart shows consolidation after a pullback from earlier 2025 highs around $126K, with price hovering near $88K amid declining moving averages (MA7 ~$87.9K, MA25 ~$88.4K, MA99 ~$89.2K). The downtrend from mid-year peaks persists, but recent candles suggest potential support holding, with volume moderate. Short-term bearish pressure dominates, yet a bounce could emerge if buyers defend current levels, watch for breakout above MAs or drop below recent lows.
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$BTC daily chart shows consolidation after a pullback from earlier 2025 highs around $126K, with price hovering near $88K amid declining moving averages (MA7 ~$87.9K, MA25 ~$88.4K, MA99 ~$89.2K). The downtrend from mid-year peaks persists, but recent candles suggest potential support holding, with volume moderate. Short-term bearish pressure dominates, yet a bounce could emerge if buyers defend current levels, watch for breakout above MAs or drop below recent lows.
TP1: $90,000
TP2: $92,000
TP3: $94,000
Stop Loss: $85,000
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