📉 Bitcoin Couldn't Hold $86K. Next Stop, $81K?
Two swings at $87K. Two rejections.
BTC printed a pair of buying climaxes near $87,300 on the 4H, basically a double top, and the $86K to $87K band turned into a brick ceiling.
Then the floor cracked.
Price broke the $85K swing low, a change of character (CHoCH) that flips the short-term trend from up to down.
The candle that did it carried the heaviest sell volume of the week. That is not random drift. That is someone hitting the exit.
Now BTC sits at $84,295, pausing, but the path of least resistance points lower. 👀
The magnet below is the $80K to $81K zone.
That is the base BTC built before the breakout, the exact range it ripped out of on the way up. Old resistance, now support. If price revisits it, that is where buyers should step in with size.
A pullback after an 8-month high is not the end of the move, though. It is the market testing whether the breakout was real.
Hold $80K to $81K and this is just a retest before another run at $87K.
Lose it cleanly, and the next real shelf sits way down at $75K to $76K.
No need to catch the knife on the way down. Let price reach the zone and show a reaction before trusting any bounce.
Retest and reload at $81K, or the breakout fails completely? 🔥
Not financial advice.
$BTC
$ETH
$BNB
Two swings at $87K. Two rejections.
BTC printed a pair of buying climaxes near $87,300 on the 4H, basically a double top, and the $86K to $87K band turned into a brick ceiling.
Then the floor cracked.
Price broke the $85K swing low, a change of character (CHoCH) that flips the short-term trend from up to down.
The candle that did it carried the heaviest sell volume of the week. That is not random drift. That is someone hitting the exit.
Now BTC sits at $84,295, pausing, but the path of least resistance points lower. 👀
The magnet below is the $80K to $81K zone.
That is the base BTC built before the breakout, the exact range it ripped out of on the way up. Old resistance, now support. If price revisits it, that is where buyers should step in with size.
A pullback after an 8-month high is not the end of the move, though. It is the market testing whether the breakout was real.
Hold $80K to $81K and this is just a retest before another run at $87K.
Lose it cleanly, and the next real shelf sits way down at $75K to $76K.
No need to catch the knife on the way down. Let price reach the zone and show a reaction before trusting any bounce.
Retest and reload at $81K, or the breakout fails completely? 🔥
Not financial advice.
$BTC
$ETH
$BNB
