$BTC is getting close to the level that can decide the next move...
The 4H chart is still holding above $85K and buyers are keeping price above the short term structure
But there is one level I’m watching first
$87.4K
BTC already rejected around that area and price is now pushing back toward it
If BTC breaks $87.4K and holds above it then I’ll start watching $88K to $90.4K
And if DXY starts losing strength at the same time the move can get much more interesting
But if BTC gets rejected again around $87.4K I wouldn’t be surprised to see another pullback toward $85K
So for me the next real test is not $90K yet
It’s whether BTC can finally take back $87.4K and hold it
BTC is showing some good strength but the breakout still needs to happen...
#BTC #DYX
The 4H chart is still holding above $85K and buyers are keeping price above the short term structure
But there is one level I’m watching first
$87.4K
BTC already rejected around that area and price is now pushing back toward it
If BTC breaks $87.4K and holds above it then I’ll start watching $88K to $90.4K
And if DXY starts losing strength at the same time the move can get much more interesting
But if BTC gets rejected again around $87.4K I wouldn’t be surprised to see another pullback toward $85K
So for me the next real test is not $90K yet
It’s whether BTC can finally take back $87.4K and hold it
BTC is showing some good strength but the breakout still needs to happen...
#BTC #DYX

