Technical analysis by SroshMayi about Symbol BTC: Sell recommendation (14 hour ago)

BTCUSD | Short Technical Overview Bitcoin is trading around the 88,000 pivot line, showing continued weakness below the major resistance zone at 95,449–100,873. The structure remains bearish as long as price stays under this pivot, with a potential move toward 84,000 and then the deeper 76,600 support zone highlighted on your chart. Today’s U.S. CPI will be a major volatility driver. A higher-than-expected CPI reading would strengthen the USD and typically pressure Bitcoin downward, supporting the bearish structure already visible on the chart. Beyond short-term volatility, a new narrative is emerging: a growing group of Bitcoin advocates and crypto fund managers is pushing for faster adoption of quantum-resistant signatures. They warn that even the perception of a future quantum threat could create market risk long before quantum attacks become technologically feasible. This could influence long-term sentiment and development priorities across the ecosystem. Key Levels: Pivot: 88,000 Resistance: 95,449 → 100,873 Support: 84,000 → 76,600 Bias: Bearish below pivot; CPI adds downside risk.