BTC now **$84,350** (−2.3% in 24 hours👈—
The weekly trend is still bullish, but selling pressure is dominating in the short term after the rejection of the $87,400 ceiling.
- **Trend**: Bullish on the daily (above EMA20 at ~79,800 and EMA50 at ~68,100), but a corrective drop is happening now: 1-hour RSI = 35 (advanced sell) and 4-hour RSI = 53 (neutral).
- **Resistance**:
86,500 ← 87,300–87,400 (weekly/monthly high) ← 90,000
(a profit-taking area mentioned in today’s reports + options expiry of 1.8 billion$ جمعة with Calls groups at 85–90K).
- **Support**:
83,500 (24-hour low — closest support now) ← 82,000 ← 79,800 (daily EMA20) ← 76,200–76,900 ← 75,000 (monthly low).
Pay attention 👇
- **Context**:
Huge ETF inflows (+1.7 billion$ daily on Monday and Tuesday led by IBIT) support the uptrend
but US 10-year bond yields at 5.08% (highest since 2007) and a strong dollar are pressuring the market (liquidations >$500 million).
Futures funding is neutral (+0.001%) and the long/short ratio is 1.15 — no clear congestion.
👇👇👇👇👇👇👇👇👇👇👇👇👇👇👇👇
Read: As long as it holds above 83,500–82,000, the correction is healthy; a close below 82,000 opens 79,800 then 76,200.
The weekly trend is still bullish, but selling pressure is dominating in the short term after the rejection of the $87,400 ceiling.
- **Trend**: Bullish on the daily (above EMA20 at ~79,800 and EMA50 at ~68,100), but a corrective drop is happening now: 1-hour RSI = 35 (advanced sell) and 4-hour RSI = 53 (neutral).
- **Resistance**:
86,500 ← 87,300–87,400 (weekly/monthly high) ← 90,000
(a profit-taking area mentioned in today’s reports + options expiry of 1.8 billion$ جمعة with Calls groups at 85–90K).
- **Support**:
83,500 (24-hour low — closest support now) ← 82,000 ← 79,800 (daily EMA20) ← 76,200–76,900 ← 75,000 (monthly low).
Pay attention 👇
- **Context**:
Huge ETF inflows (+1.7 billion$ daily on Monday and Tuesday led by IBIT) support the uptrend
but US 10-year bond yields at 5.08% (highest since 2007) and a strong dollar are pressuring the market (liquidations >$500 million).
Futures funding is neutral (+0.001%) and the long/short ratio is 1.15 — no clear congestion.
👇👇👇👇👇👇👇👇👇👇👇👇👇👇👇👇
Read: As long as it holds above 83,500–82,000, the correction is healthy; a close below 82,000 opens 79,800 then 76,200.