🚨 BITCOIN AT $87K — BREAKOUT OR REJECTION? 👀
$BTC has once again reached the critical $86K–$87K zone, but this is where the major battle begins. 🔥
📊 What’s happening?
• BTC recently pushed above $86,000
• U.S. jobs data came in weaker than expected
• Expectations for a Fed rate hike have cooled
• Spot Bitcoin ETF flows remain an important source of market demand
• But BTC faced rejection near $87K and pulled back toward the $84K–$85K area.
🎯 Key Levels to Watch
🟢 Support: $83.9K–$84.5K
🔴 Resistance: $86K–$87K
A sustained move above $87K could put the recent high back in focus, while losing the $84K area could increase short-term selling pressure.
⚠️ The next move may be more important than the current move.
Are we looking at a BTC breakout 🚀 or another rejection 📉?
👇 Bullish or Bearish? Tell me your view!
#Bitcoin #BTC #Crypto #BinanceSquare #CryptoMarket
$BTC has once again reached the critical $86K–$87K zone, but this is where the major battle begins. 🔥
📊 What’s happening?
• BTC recently pushed above $86,000
• U.S. jobs data came in weaker than expected
• Expectations for a Fed rate hike have cooled
• Spot Bitcoin ETF flows remain an important source of market demand
• But BTC faced rejection near $87K and pulled back toward the $84K–$85K area.
🎯 Key Levels to Watch
🟢 Support: $83.9K–$84.5K
🔴 Resistance: $86K–$87K
A sustained move above $87K could put the recent high back in focus, while losing the $84K area could increase short-term selling pressure.
⚠️ The next move may be more important than the current move.
Are we looking at a BTC breakout 🚀 or another rejection 📉?
👇 Bullish or Bearish? Tell me your view!
#Bitcoin #BTC #Crypto #BinanceSquare #CryptoMarket