Bitcoin Price Analysis: What’s Next for BTC? 🚨

 Bitcoin recently surged past the key resistance level at $85,500, but this upward momentum was short-lived. 

Selling pressure quickly took over, pushing the price back below the 20-day EMA at around $83,500.

As the market stands, Bitcoin faces a critical support zone. 

If it falls below $80,000, we may see a retest of the recent low at $76,600. 

A break of this support could pave the way for further declines, with potential targets at $74,000 and even $68,000.

On the flip side, if Bitcoin manages to break above $88,600, it could signal the end of the ongoing correction. 

This would open up the possibility of a rally towards $96,000.

Stay tuned as we keep an eye on these key levels to see what happens next in the ever-changing world of Bitcoin!

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