🚨 Guys, $BTC surged sharply upward and touched $86,880, but now the price is starting to calm down and fluctuate/consolidate around the $86k area.
After this sharp move, it’s not surprising to see a short-term pullback or sideways consolidation. The key levels I’m watching are:
🔹 Resistance: $86,880 → $87k
🔹 Support: $85k → $84k
If BTC stays above $85k, buyers may attempt another push toward the recent high. But losing the $85k area could lead to a deeper drop toward $84k–$83k.
For now, let’s see whether $BTC can turn the $86k level into support, or whether it needs to cool off a bit more.
NFA — manage your risk.
After this sharp move, it’s not surprising to see a short-term pullback or sideways consolidation. The key levels I’m watching are:
🔹 Resistance: $86,880 → $87k
🔹 Support: $85k → $84k
If BTC stays above $85k, buyers may attempt another push toward the recent high. But losing the $85k area could lead to a deeper drop toward $84k–$83k.
For now, let’s see whether $BTC can turn the $86k level into support, or whether it needs to cool off a bit more.
NFA — manage your risk.
