๐ BTC after $87K: where is the next level?
Bitcoin continues a strong upward move after breaking through $83K. On the 1H, 8H, and 1D charts, the structure remains bullish, but after the test of $87,395 the price has started to cool down.
๐ Key levels $BTC :
๐ด $87,400 โ the main resistance. A breakout and hold above it opens the way to the next zones.
๐ข $85,300โ$85,600 โ the nearest support. Here are the MA7/MA25 on the 1H timeframe.
๐ข $83,100โ$84,000 โ the key retest zone. Holding it will help maintain the current momentum.
๐ก $81,100โ$81,900 โ a deeper retest, but the growth structure could still remain intact.
๐ต $79,000โ$79,500 โ important medium-term support.
โ ๏ธ $78,400โ$78,800 โ critical zone: MA99 on 8H and the 50W MA from the previous analysis converge here.
๐ If $BTC continues to rise
A close above $87.4K โ watch $90.8K, and then the technical target is $95K.
๐ If a correction starts
$85.3K โ $83โ84K โ $81โ82K.
As long as $BTC holds $83โ84K, the current structure remains bullish. A drop below $79โ78.5K will significantly change the picture.
For me right now, the main question isnโt โwill BTC rise?โ, but whether it can turn $87.4K into new support after the breakout.
#bitcoin #BTC #crypto #TechnicalAnalysis #BinanceSquare
Bitcoin continues a strong upward move after breaking through $83K. On the 1H, 8H, and 1D charts, the structure remains bullish, but after the test of $87,395 the price has started to cool down.
๐ Key levels $BTC :
๐ด $87,400 โ the main resistance. A breakout and hold above it opens the way to the next zones.
๐ข $85,300โ$85,600 โ the nearest support. Here are the MA7/MA25 on the 1H timeframe.
๐ข $83,100โ$84,000 โ the key retest zone. Holding it will help maintain the current momentum.
๐ก $81,100โ$81,900 โ a deeper retest, but the growth structure could still remain intact.
๐ต $79,000โ$79,500 โ important medium-term support.
โ ๏ธ $78,400โ$78,800 โ critical zone: MA99 on 8H and the 50W MA from the previous analysis converge here.
๐ If $BTC continues to rise
A close above $87.4K โ watch $90.8K, and then the technical target is $95K.
๐ If a correction starts
$85.3K โ $83โ84K โ $81โ82K.
As long as $BTC holds $83โ84K, the current structure remains bullish. A drop below $79โ78.5K will significantly change the picture.
For me right now, the main question isnโt โwill BTC rise?โ, but whether it can turn $87.4K into new support after the breakout.
#bitcoin #BTC #crypto #TechnicalAnalysis #BinanceSquare



