Picture this: $BTC rips higher after breaking the 62,000-66,000 base then stalls right where sellers have been waiting.
That's the pain every trader feels in these zones. You either FOMO near 87,000 and get rejected twice, or you sell the 80,500 support and watch the bullish structure survive without you.
This setup is almost identical to earlier Bitcoin cycles after similar breakouts. Sellers have already defended the 86,000-87,300 resistance twice while 80,500-82,000 keeps the entire trend alive. As long as $BTC holds that support the uptrend remains intact, much like $ETH did after its own comparable consolidations.
We still need a clean break above 87,300 for the next strong leg. If that support breaks we could see a deeper pullback toward 76,000 first, the same kind of move that preceded recoveries in $SOL last year.
What's your take on whether this decision zone resolves to the upside or we get that deeper shakeout?
#Bitcoin #Crypto #Trading
That's the pain every trader feels in these zones. You either FOMO near 87,000 and get rejected twice, or you sell the 80,500 support and watch the bullish structure survive without you.
This setup is almost identical to earlier Bitcoin cycles after similar breakouts. Sellers have already defended the 86,000-87,300 resistance twice while 80,500-82,000 keeps the entire trend alive. As long as $BTC holds that support the uptrend remains intact, much like $ETH did after its own comparable consolidations.
We still need a clean break above 87,300 for the next strong leg. If that support breaks we could see a deeper pullback toward 76,000 first, the same kind of move that preceded recoveries in $SOL last year.
What's your take on whether this decision zone resolves to the upside or we get that deeper shakeout?
#Bitcoin #Crypto #Trading