BTCUSD

The major cryptocurrency Bitcoin has recently come under selling pressure due to geopolitical risks. As long as geopolitical risks persist and the Fed does not shift to a rate-cutting policy, downward movements in Bitcoin are expected to continue. A trend reversal will occur if the price breaks above the level of 88,772 USD. In price movements below this level, the resistance levels are 84,962 - 86,312, and the support levels are 82,502 - 81,152. As long as the trend channel resistance level is not broken, it is deemed appropriate to evaluate short positions.