$BTC ‌📊 BTC Market View | 1 Hour Timeframe

Token: BTC
Pair: BTC/USDT
Timeframe: 1H
BTC faced strong selling pressure after rejecting the 90,300 zone. Price dropped fast and is now trading near 87,200, where buyers are starting to react.
On the 1-hour chart, momentum is still weak, but selling pressure looks slower compared to the earlier dump. Volume increased during the drop, which often means panic selling may be close to cooling off.
🔍 1H Technical View
Strong rejection from 90K resistance
Price testing key support around 86,700 – 87,000
Moving averages turning down → short-term trend is bearish
MACD still negative, but downside momentum is losing speed
📌 What to Watch Next (1H)
Holding above 86,700 could lead to a short bounce toward 88K
A clean break below 86,700 may open room for more downside
Sideways movement here would signal stabilization
🧠 Short-Term Outlook
This looks more like a cool-off phase after rejection, not a trend reversal yet. Market needs time and confirmation before the next move.
⚠️ This is a personal market view, not financial advice. Trade carefully and manage risk.