Analysts at MakroVision note that Bitcoin continues to show market weakness despite holding the key 0.5 Fibonacci level ($79,263). However, the lack of buying pressure raises doubts about a swift recovery.
Critical resistance levels:
🔹 $87,500–$89,900 – A breakout could strengthen bullish sentiment.
🔹 $91,700 – A key threshold for confirming a trend reversal.
Support zones:
🔹 $79,263 – The current Fibonacci level.
🔹 $75,000 – A significant liquidity area.
The market awaits a decisive move from buyers to confirm a bullish trend.