$BTC price is pushing into a major resistance zone after the recent rally, and the reaction here could determine the next move.
BTC is currently trading around the $86K area, with sellers likely to defend the higher resistance zone. A rejection could open the door for a pullback toward $84.8K and then the key $82.7K support area.
If $82.7K fails to hold, the next important demand zone sits around $81.6K–$82.2K.
On the bullish side, a clean breakout and sustained hold above the resistance zone could keep the continuation structure active.
For now, I’m waiting for confirmation rather than chasing the move at resistance. Let price show whether this becomes a breakout continuation or a rejection.
DYOR (Do Your Own Research).
BTC is currently trading around the $86K area, with sellers likely to defend the higher resistance zone. A rejection could open the door for a pullback toward $84.8K and then the key $82.7K support area.
If $82.7K fails to hold, the next important demand zone sits around $81.6K–$82.2K.
On the bullish side, a clean breakout and sustained hold above the resistance zone could keep the continuation structure active.
For now, I’m waiting for confirmation rather than chasing the move at resistance. Let price show whether this becomes a breakout continuation or a rejection.
DYOR (Do Your Own Research).
