$BTC just got slapped at $87,000 for the THIRD time since Sept 23 đ§±
Price slid ~1.2% to around $85,600 while the Nasdaq 100 closed at a record high. Stocks partying, Bitcoin stuck at the door.
Analysts say BTC is nearing the apex of a triangle (rising support vs. the $87K ceiling) â which usually means volatility is coming.
Break above $87K-$87.5K = path toward $90K opens up.
Another rejection = eyes back on $84K-$85K support.
Fourth time lucky, or is the wall too thick? đ Breakout or breakdown?
#Bitcoin #BTC #Crypto #Uptober
Price slid ~1.2% to around $85,600 while the Nasdaq 100 closed at a record high. Stocks partying, Bitcoin stuck at the door.
Analysts say BTC is nearing the apex of a triangle (rising support vs. the $87K ceiling) â which usually means volatility is coming.
Break above $87K-$87.5K = path toward $90K opens up.
Another rejection = eyes back on $84K-$85K support.
Fourth time lucky, or is the wall too thick? đ Breakout or breakdown?
#Bitcoin #BTC #Crypto #Uptober