🔥 BITCOIN TOUCHED $87,300 AND REVERSED: IS THE RALLY OVER OR JUST A PAUSE?
Bitcoin tried to break the $87,300 resistance level this week, but it didn’t manage it. The price reached that level, encountered a wall of sell orders, and quickly reversed. For many traders, that reaction is a warning sign. For others, it’s simply a pause within a broader bullish trend.
I’m bullish long-term, but what happened at $87,300 deserves a serious analysis. Not all rejections are the same, and understanding why the market sold at that level is more important than guessing the next move.