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BTC/USDT – Clear English Analysis (1D chart)
Current price: ~$88,500
BTC is consolidating after a pullback. The market is not strongly bullish or bearish right now.
What the chart shows:
Price is below the Middle Bollinger Band (~89,500) → short-term pressure is still slightly bearish
Lower Bollinger Band ~85,100 → strong support zone
Stoch RSI ~65 → recovery already happened; now price is near resistance
Key levels to watch:
Support
87,600 – 86,800 (near-term)
85,000 – 84,500 (major support)
Resistance
89,500 – 90,000 (important decision area)
92,800 – 94,500 (major rejection zone from before