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Bitcoin Latest Market Analysis + Support and Resistance Levels Share!!! #BTC $BTC
🎄 Weekend Market Outlook: Rebound Volatility, Waiting for Direction Choice
Latest Pattern:
Faking Breakout: Yesterday (Friday), BTC surged to 88,600 then pulled back, confirming a "fake breakout." During today’s Asian trading session, the price did not further plunge to test 86,000 but remained within a narrow range of 87,200 - 87,800 for sideways consolidation.
Bull-Bear Standoff: Currently, 87,677 is at a very neutral position. The newly formed strong resistance zone is at 88,000 - 88,200, while short-term support is at 86,500.
Weekend Characteristics: Liquidity on Saturday afternoon is usually lower than usual. This "neither up nor down" movement tends to test patience. Major players may create small spikes during European or US stock market hours (despite the US stock market being closed, crypto funds are still active).