🔥 BTC is approaching $87K again — the next breakout could be decisive!
Bitcoin is trading around $86.7K, up 3.82% over 7 days, and is currently only about 2.9% below the $89.2K resistance. The 14-day RSI is around 65, indicating momentum is still bullish but nearing overbought territory.
📊 BTC/USDT — Technical Setup
Resistance: $87K → $89.2K
Support: $84.7K → $82.3K
Key breakout: $89.2K
🟢 Bullish scenario
If BTC breaks through $89.2K with rising volume:
➡️ Entry: $88.5K–$89.3K after a breakout/retest
➡️ TP1: $91K
➡️ TP2: $94K
➡️ Invalidation: close back below $84.7K
🔴 Bearish scenario
If BTC fails to break through $87K–$89.2K and loses $84.7K:
➡️ Potential retest of $82.3K
➡️ A breakdown below $82.3K could make the short-term structure more bearish.
💡 What’s interesting: BTC is still around 3.6% above the $82.28K breakout level, while the RSI has climbed back above the signal line. So for now, I’m focusing more on volume confirmation than chasing a green candle.
⚠️ This is a technical scenario, not a guarantee of profit. Always use risk management and wait for confirmation.
Will BTC break through $90K this week, or sweep $82K first? 👇
$BTC
#bitcoin #BTC #BitcoinAnalysis #TechnicalAnalysis #BinanceSquare
Bitcoin is trading around $86.7K, up 3.82% over 7 days, and is currently only about 2.9% below the $89.2K resistance. The 14-day RSI is around 65, indicating momentum is still bullish but nearing overbought territory.
📊 BTC/USDT — Technical Setup
Resistance: $87K → $89.2K
Support: $84.7K → $82.3K
Key breakout: $89.2K
🟢 Bullish scenario
If BTC breaks through $89.2K with rising volume:
➡️ Entry: $88.5K–$89.3K after a breakout/retest
➡️ TP1: $91K
➡️ TP2: $94K
➡️ Invalidation: close back below $84.7K
🔴 Bearish scenario
If BTC fails to break through $87K–$89.2K and loses $84.7K:
➡️ Potential retest of $82.3K
➡️ A breakdown below $82.3K could make the short-term structure more bearish.
💡 What’s interesting: BTC is still around 3.6% above the $82.28K breakout level, while the RSI has climbed back above the signal line. So for now, I’m focusing more on volume confirmation than chasing a green candle.
⚠️ This is a technical scenario, not a guarantee of profit. Always use risk management and wait for confirmation.
Will BTC break through $90K this week, or sweep $82K first? 👇
$BTC
#bitcoin #BTC #BitcoinAnalysis #TechnicalAnalysis #BinanceSquare