BTCUSDT Next Suppport at $87k

1 Jan

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