🚨 BTC $81.3K — ETF FLOOR vs FED CEILING 🚨
🔴 Resistance: $83K-$86K = 1.07M BTC bought there = profit-taking wall. Also 365-day MA. Break this with volume = $86K short squeeze ($1.58B shorts waiting)
🔵 Support: $76K-$78K = ETF rebalancing zone. Major support $72.5K-$75K.
My take: ETF floor is fighting Fed ceiling. If BTC closes above $83K = bullish Q4. If rejects = retest $78K-$76K first. Watch 10Y yield at 5.04%.
Are you bullish or bearish for next week? 👇
#BTC #Bitcoin #ETF #FederalReserve
⚠️ NFA — DYOR
🔴 Resistance: $83K-$86K = 1.07M BTC bought there = profit-taking wall. Also 365-day MA. Break this with volume = $86K short squeeze ($1.58B shorts waiting)
🔵 Support: $76K-$78K = ETF rebalancing zone. Major support $72.5K-$75K.
My take: ETF floor is fighting Fed ceiling. If BTC closes above $83K = bullish Q4. If rejects = retest $78K-$76K first. Watch 10Y yield at 5.04%.
Are you bullish or bearish for next week? 👇
#BTC #Bitcoin #ETF #FederalReserve
⚠️ NFA — DYOR
