I warned about the $82K bull trap before, and now I’m watching the $87K resistance zone closely.
📉 Bitcoin’s relief rally may not be out of danger yet.
Here’s what the latest market data is showing:
🔹 Resistance remains critical: BTC has struggled to push decisively above the $87K area.
🔹 Liquidation risk is real: Leveraged positions can accelerate a move in either direction if key price levels break.
🔹 The downside scenario: If Bitcoin loses support and selling pressure builds, lower levels could come into focus.
📊 My bearish watchlist:
$84K → $73K → $70K → $62K → $58K
⚠️ These are potential downside levels to watch, NOT guaranteed targets. Bitcoin recently traded around $84K, so a rejection alone does not confirm another major crash.
💡 My take: Don’t blindly chase a relief rally. Watch BTC’s reaction around resistance, trading volume, and support levels before making a decision. The market can surprise both bulls and bears.
👀 Save this post and revisit the chart in the coming weeks.
Are you expecting another BTC dump, or will buyers break through resistance?
