#Bitcoin is currently around $83.9K, after falling roughly 2.5% today. The short-term picture has weakened after BTC was rejected near $87K for the third time.
Support: $83.3K–$84.6K
Major support: ~$80K
Resistance: $86.7K–$87K
Bullish trigger: A strong break above $87K could open the way toward $90K.
Risk: Losing $83K could increase selling pressure toward $80K.
Overall: 🟡 Short-term cautious/neutral, but the broader recovery trend remains constructive. Macro conditions and ETF flows are key to watch.
$BTC
#bitcoin
Support: $83.3K–$84.6K
Major support: ~$80K
Resistance: $86.7K–$87K
Bullish trigger: A strong break above $87K could open the way toward $90K.
Risk: Losing $83K could increase selling pressure toward $80K.
Overall: 🟡 Short-term cautious/neutral, but the broader recovery trend remains constructive. Macro conditions and ETF flows are key to watch.
$BTC
#bitcoin