$BTC sitting at $82k right now and the bulls are getting rejected at a critical level.
$83.5k is the line in the sand. We need to reclaim it or this gets ugly fast.
If we break back above $83.5k:
→ Next target is $85k
→ Major resistance at $87k
If we fail here:
→ $80k incoming
→ $79.5k support is the last line of defense before real pain
Short-term direction depends entirely on whether buyers can flip $83.5k back into support. Right now they're getting stuffed.
Watch that level closely. Reclaim = bullish continuation. Rejection = retest of lows.
$83.5k is the line in the sand. We need to reclaim it or this gets ugly fast.
If we break back above $83.5k:
→ Next target is $85k
→ Major resistance at $87k
If we fail here:
→ $80k incoming
→ $79.5k support is the last line of defense before real pain
Short-term direction depends entirely on whether buyers can flip $83.5k back into support. Right now they're getting stuffed.
Watch that level closely. Reclaim = bullish continuation. Rejection = retest of lows.