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Bitcoin Technical Snapshot: Key Level Alert
The $86,700 support zone is proving critical today for Bitcoin. This level is functioning as a crucial pivot point for near-term direction.
If BTC holds above $86,700, the narrative stays bullish with targets pointing toward $88,000 and potentially higher. Momentum would remain in favor of buyers looking to extend gains.
Break below $86,700 and the technical setup flips bearish. Such a breakdown would signal weakness and likely trigger selling pressure, forcing traders to reassess positions and look for lower support levels.
The coming hours will be telling. Watch this level closely—it's the make-or-break zone for Bitcoin's short-term trajectory.