$BTC — Sideways, but the order flow is interesting
Bitcoin is consolidating around $84.3K after the sharp drop.
What stands out is the spot CVD continuing lower while price holds sideways. Sellers are still active, but BTC isn’t making fresh lows yet — possible absorption inside the range.
Key levels I’m watching:
Support: $83.6K–$84K
Resistance: $84.8K
A clean break above $84.8K could bring momentum back toward $85.5K–$86K. Losing the range low would weaken the setup.
My view: Neutral to slightly bullish while the lower range holds. I’d rather wait for confirmation than chase inside this consolidation.
#Bitcoin #BTC #Crypto #BTCAnalysis #Macro Insights#
Bitcoin is consolidating around $84.3K after the sharp drop.
What stands out is the spot CVD continuing lower while price holds sideways. Sellers are still active, but BTC isn’t making fresh lows yet — possible absorption inside the range.
Key levels I’m watching:
Support: $83.6K–$84K
Resistance: $84.8K
A clean break above $84.8K could bring momentum back toward $85.5K–$86K. Losing the range low would weaken the setup.
My view: Neutral to slightly bullish while the lower range holds. I’d rather wait for confirmation than chase inside this consolidation.
#Bitcoin #BTC #Crypto #BTCAnalysis #Macro Insights#
