$BTC kissed $84.9K overnight and got sent right back down 👀
In the last 24 hours it ran to around $84,900, then slipped to around $82,013 by Thursday morning as AI stocks sold off and oil kept climbing. That's a pretty clear rejection at the top of the range.
I'm neutral for now. I won't get excited until I see a daily close above $84,800, which is the resistance I'm watching. On the downside, $81,600 is my support. If $81,600 holds, I'm leaning bullish and expecting another push at the range high. If we lose $79,700, my idea is wrong and I'd rethink the whole thing.
Do you think $BTC retests $81,600 first, or squeezes through $85K?
#Bitcoin #BTC #CryptoTrading
Not financial advice.
In the last 24 hours it ran to around $84,900, then slipped to around $82,013 by Thursday morning as AI stocks sold off and oil kept climbing. That's a pretty clear rejection at the top of the range.
I'm neutral for now. I won't get excited until I see a daily close above $84,800, which is the resistance I'm watching. On the downside, $81,600 is my support. If $81,600 holds, I'm leaning bullish and expecting another push at the range high. If we lose $79,700, my idea is wrong and I'd rethink the whole thing.
Do you think $BTC retests $81,600 first, or squeezes through $85K?
#Bitcoin #BTC #CryptoTrading
Not financial advice.