$BTC is up 35% in 6 weeks. Is $87K the next test? ๐
Bitcoin was sitting around $63,000 in mid-August. Today it's trading near $85,000 ๐
What the chart shows:
๐ Strong run from the $63K base, with a clean breakout above $80K on Sept 21
๐งฑ $87.4K rejected price last week. That's the level to beat
๐ก๏ธ $83K held as support twice this week
๐ด Volume is cooling off, so the market is catching its breath
The rest of the market:
๐น $ETH is holding near $2,715
๐น $SOL leads today, up about 2.6% at $124
My take: as long as BTC holds $83K, bulls stay in control. A daily close above $87.4K could open the way to new highs. A drop below $83K could mean a pullback toward $80K first.
Are you buying the dip or waiting for the breakout? Drop your target below ๐
#Bitcoin #BTC #CryptoMarket #ETH #SOL
Not financial advice. Always do your own research.
Bitcoin was sitting around $63,000 in mid-August. Today it's trading near $85,000 ๐
What the chart shows:
๐ Strong run from the $63K base, with a clean breakout above $80K on Sept 21
๐งฑ $87.4K rejected price last week. That's the level to beat
๐ก๏ธ $83K held as support twice this week
๐ด Volume is cooling off, so the market is catching its breath
The rest of the market:
๐น $ETH is holding near $2,715
๐น $SOL leads today, up about 2.6% at $124
My take: as long as BTC holds $83K, bulls stay in control. A daily close above $87.4K could open the way to new highs. A drop below $83K could mean a pullback toward $80K first.
Are you buying the dip or waiting for the breakout? Drop your target below ๐
#Bitcoin #BTC #CryptoMarket #ETH #SOL
Not financial advice. Always do your own research.