Bitcoin Holds Above $88,000 As Bulls Target $89,500 And Higher Resistance Levels

Bitcoin price has stabilized above $88,000 and the 100-hourly Simple moving average, with buyers attempting to build on a recovery from the $86,611 low. The BTC/USD pair is facing resistance near $88,750 and $89,500, with potential upside targets at $89,800 and $90,200 if these barriers are cleared. A failure to break above $89,500 could trigger another pullback toward $88,000, $87,250 or even $86,500.