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It looks like you're tracking Bitcoin's price movements closely and anticipating a further decline. If BTC recently dropped from $98K to $93.3K but hasn't yet hit the full target of $88K, it suggests that bearish momentum is still in play.
Some key factors to watch for confirmation:
- **Support Levels**: $93K held briefly, but if broken, $88K could be the next target.
- **Volume Analysis**: A drop with high volume signals strong selling pressure.
- **Market Sentiment**: Any negative news, whale movements, or macroeconomic factors?
- **Indicators**: RSI, MACD, and moving averages—are they still bearish?
Would love to see your chart analysis or reasoning behind the $88K target!
$BTC
#BTC Price Analysis