I’m NOT trading Bitcoin here.
Everyone wants to predict the next move while $BTC sits around $83K–$84K.
I’d rather wait for the market to show its hand.
BTC rejected $87.4K and is now trapped between two important liquidity zones:
🔴 $85.3K–$85.5K above
🟢 $82.3K–$82.6K below
Open interest has also been falling for more than a week.
That tells me leverage is being cleaned out while price decides its next direction.
My BTC plan
LONG:
4H close above $85.3K + successful retest.
First level I’d watch: $87.4K
BEARISH:
4H close below $82.6K
Then $80.9K becomes the next area I’m watching.
$82.6K–$85.3K = NO TRADE for me.
There’s another reason I’m waiting:
🇺🇸 PCE inflation drops tomorrow.
I’m not gambling in the middle of the range before major macro data.
Let the market confirm.
I’ll update this exact setup after one of these levels breaks.
$BTC
#Bitcoin #BTC #Trading
Everyone wants to predict the next move while $BTC sits around $83K–$84K.
I’d rather wait for the market to show its hand.
BTC rejected $87.4K and is now trapped between two important liquidity zones:
🔴 $85.3K–$85.5K above
🟢 $82.3K–$82.6K below
Open interest has also been falling for more than a week.
That tells me leverage is being cleaned out while price decides its next direction.
My BTC plan
LONG:
4H close above $85.3K + successful retest.
First level I’d watch: $87.4K
BEARISH:
4H close below $82.6K
Then $80.9K becomes the next area I’m watching.
$82.6K–$85.3K = NO TRADE for me.
There’s another reason I’m waiting:
🇺🇸 PCE inflation drops tomorrow.
I’m not gambling in the middle of the range before major macro data.
Let the market confirm.
I’ll update this exact setup after one of these levels breaks.
$BTC
#Bitcoin #BTC #Trading
