Everyone is watching the $86K level.

But the more interesting question is what happens after the breakout. 👀

Bitcoin moved above $86K today, while short positions were being liquidated during the move—showing that the upside momentum caught some traders on the wrong side. 📈

Now the market has a simple test:

Can BTC hold the new level, or was the move mainly driven by short covering?

If buyers keep defending the area, momentum could remain strong.

If the breakout loses strength, traders may start watching for a pullback. 🔄

For now, $86K is the number worth watching. 🎯

$BTC

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