🟠 BTC after $87K: where is the next level?
Bitcoin continues a strong upward move after breaking through $83K. On the 1H, 8H, and 1D charts, the structure remains bullish, but after the test of $87,395 the price has started to cool down.
📍 Key levels $BTC :
🔴 $87,400 — the main resistance. A breakout and hold above it opens the way to the next zones.
🟢 $85,300–$85,600 — the nearest support. Here are the MA7/MA25 on the 1H timeframe.
🟢 $83,100–$84,000 — the key retest zone. Holding it will help maintain the current momentum.
🟡 $81,100–$81,900 — a deeper retest, but the growth structure could still remain intact.
🔵 $79,000–$79,500 — important medium-term support.
⚠️ $78,400–$78,800 — critical zone: MA99 on 8H and the 50W MA from the previous analysis converge here.
📈 If $BTC continues to rise
A close above $87.4K → watch $90.8K, and then the technical target is $95K.
📉 If a correction starts
$85.3K → $83–84K → $81–82K.
As long as $BTC holds $83–84K, the current structure remains bullish. A drop below $79–78.5K will significantly change the picture.
For me right now, the main question isn’t “will BTC rise?”, but whether it can turn $87.4K into new support after the breakout.
#bitcoin #BTC #crypto #TechnicalAnalysis #BinanceSquare
Bitcoin continues a strong upward move after breaking through $83K. On the 1H, 8H, and 1D charts, the structure remains bullish, but after the test of $87,395 the price has started to cool down.
📍 Key levels $BTC :
🔴 $87,400 — the main resistance. A breakout and hold above it opens the way to the next zones.
🟢 $85,300–$85,600 — the nearest support. Here are the MA7/MA25 on the 1H timeframe.
🟢 $83,100–$84,000 — the key retest zone. Holding it will help maintain the current momentum.
🟡 $81,100–$81,900 — a deeper retest, but the growth structure could still remain intact.
🔵 $79,000–$79,500 — important medium-term support.
⚠️ $78,400–$78,800 — critical zone: MA99 on 8H and the 50W MA from the previous analysis converge here.
📈 If $BTC continues to rise
A close above $87.4K → watch $90.8K, and then the technical target is $95K.
📉 If a correction starts
$85.3K → $83–84K → $81–82K.
As long as $BTC holds $83–84K, the current structure remains bullish. A drop below $79–78.5K will significantly change the picture.
For me right now, the main question isn’t “will BTC rise?”, but whether it can turn $87.4K into new support after the breakout.
#bitcoin #BTC #crypto #TechnicalAnalysis #BinanceSquare
