$BTC: REAL BOUNCE OR ANOTHER BULL TRAP?
Bitcoin is hovering around $84,000 and continues to consolidate between $82,000 and $84,000 after being rejected at $87,000.
My outlook allows for another 24–48 hours of sideways movement before a possible continuation downward toward $76,000.
Key levels:
- $85,000: resistance
- $82,000: immediate support
- $78,000: next downside level
- $72,000–$62,000: possible extended targets
- $90,000: possible subsequent recovery
Patience is essential. A bounce alone does not confirm a trend reversal; wait for confirmation before making decisions.
Do you think BTC will fall toward $76,000 or recover to $87,000?
Follow my posts for more analysis and market updates.
$BTC
Bitcoin is hovering around $84,000 and continues to consolidate between $82,000 and $84,000 after being rejected at $87,000.
My outlook allows for another 24–48 hours of sideways movement before a possible continuation downward toward $76,000.
Key levels:
- $85,000: resistance
- $82,000: immediate support
- $78,000: next downside level
- $72,000–$62,000: possible extended targets
- $90,000: possible subsequent recovery
Patience is essential. A bounce alone does not confirm a trend reversal; wait for confirmation before making decisions.
Do you think BTC will fall toward $76,000 or recover to $87,000?
Follow my posts for more analysis and market updates.
$BTC