$BTC
IS BACK ABOVE $85K โ NOW THE REAL TEST BEGINS. ๐
Bitcoin is trading around $86.45K after pushing back above the $85K level and is once again testing the top of the recent range.
BTC has been consolidating roughly between $83K and $85K after recovering from the $79.5K area. Now, $85K is the key level Iโm watching.
๐ฅ If BTC breaks and holds above $85K, the next major resistance on my radar is around $87K.
โ ๏ธ But if $85K gets rejected again, Iโd want to see $83K hold before expecting another strong move higher.
The structure is still holding up for now. But Bitcoin needs to prove that this isnโt just another range rejection.
$85K is the level. Breakout or rejection โ the next move could get interesting. DYOR.
IS BACK ABOVE $85K โ NOW THE REAL TEST BEGINS. ๐
Bitcoin is trading around $86.45K after pushing back above the $85K level and is once again testing the top of the recent range.
BTC has been consolidating roughly between $83K and $85K after recovering from the $79.5K area. Now, $85K is the key level Iโm watching.
๐ฅ If BTC breaks and holds above $85K, the next major resistance on my radar is around $87K.
โ ๏ธ But if $85K gets rejected again, Iโd want to see $83K hold before expecting another strong move higher.
The structure is still holding up for now. But Bitcoin needs to prove that this isnโt just another range rejection.
$85K is the level. Breakout or rejection โ the next move could get interesting. DYOR.
