l$BTC $ Bitcoin Update: BTC Tests the $85K Wall 🚀
$BTC is trading around $85,500, up ~2% in 24h, and pressing right against a key resistance zone.
📊 Key levels
🔴 Resistance: $85,520
🟢 Support: $83,000 and $80,000
📈 20-day SMA: ~$81,700 (rising, price still above it)
🎯 Next target if breakout holds: $87,250–$87,330
🔥 Why bulls are watching
• Spot Bitcoin ETFs are seeing steady inflows
• Price is holding above $80K after a double-bottom breakout
• Short liquidations are adding upward pressure
⚠️ What confirms the move?
A daily close above $85,520 plus a successful retest. Without that, BTC may stay range-bound between $83K and $85K.
💬 Are you bullish or waiting for confirmation? Comment below 👇
Not financial advice. Always DYOR and manage your risk.
#BTC #Bitcoin #CryptoAnalysis #BİNANCESQUARE #NFPWatch $
$BTC is trading around $85,500, up ~2% in 24h, and pressing right against a key resistance zone.
📊 Key levels
🔴 Resistance: $85,520
🟢 Support: $83,000 and $80,000
📈 20-day SMA: ~$81,700 (rising, price still above it)
🎯 Next target if breakout holds: $87,250–$87,330
🔥 Why bulls are watching
• Spot Bitcoin ETFs are seeing steady inflows
• Price is holding above $80K after a double-bottom breakout
• Short liquidations are adding upward pressure
⚠️ What confirms the move?
A daily close above $85,520 plus a successful retest. Without that, BTC may stay range-bound between $83K and $85K.
💬 Are you bullish or waiting for confirmation? Comment below 👇
Not financial advice. Always DYOR and manage your risk.
#BTC #Bitcoin #CryptoAnalysis #BİNANCESQUARE #NFPWatch $
