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#BTC Market Update – Breakdown Confirmed?
Bitcoin has broken below key support, signaling a potential shift in momentum.
> Break Below $93,700: BTC has lost its previous range support and dropped below the 200 EMA, increasing bearish pressure.
> Retesting $88,000 Support Zone: Price is now approaching a critical demand zone that previously acted as strong support.
> Bearish Continuation or Reclaim? A daily close below $88,000 could trigger further downside towards $84,000–$81,000, while a quick reclaim of $93,700 would invalidate this breakdown.
Traders should stay cautious and monitor price action closely as Bitcoin decides its next move.