The chart shows BTC losing momentum after the recent swing high, breaking its short-term bullish structure and pulling back toward a key support block around $89k–$87k. If that zone fails to hold, the next major confluence is the weekly demand area near $85k–$83k. Overall, momentum looks corrective with a clear risk of deeper downside unless buyers step in strongly at Support-1.
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$BTC
The chart shows BTC losing momentum after the recent swing high, breaking its short-term bullish structure and pulling back toward a key support block around $89k–$87k. If that zone fails to hold, the next major confluence is the weekly demand area near $85k–$83k. Overall, momentum looks corrective with a clear risk of deeper downside unless buyers step in strongly at Support-1.