Bitcoin was driven higher for a time by the resonating influence of multiple market forces. BTC is no exception—it's a classic example: a single needle pricked through the recent high, then it steadily climbed and probed upward, gradually pushing toward around 87,300 before pulling back. The long position at 81,200 that I gave yesterday is still marching to its own tune; recently it’s been staying long and everything has been paying off.
Currently, combining multiple timeframes and macro events, Bitcoin is in a short-term pullback and repair phase after breaking through a key resistance level. Pay attention to how the 84K–85K range holds. If it doesn’t break on the retest and is accompanied by declining trading volume, you can consider adding the next leg (taking another entry), targeting around 87, and even higher.
Currently, combining multiple timeframes and macro events, Bitcoin is in a short-term pullback and repair phase after breaking through a key resistance level. Pay attention to how the 84K–85K range holds. If it doesn’t break on the retest and is accompanied by declining trading volume, you can consider adding the next leg (taking another entry), targeting around 87, and even higher.
