Bitcoin is trading around $85.7K, after recently reaching above $87K. The market structure remains constructive, while short-term momentum is showing some cooling.
đą Support: $84Kâ$85.5K đŽ Resistance: $87Kâ$88K đ A sustained break above $88K would strengthen the upside momentum. â ïž Losing $84K could increase the chance of a deeper pullback.
Market view: BTC is holding near multi-month highs, with strong ETF demand recently reported, but elevated momentum means volatility can remain high
đą Support: $84Kâ$85.5K đŽ Resistance: $87Kâ$88K đ A sustained break above $88K would strengthen the upside momentum. â ïž Losing $84K could increase the chance of a deeper pullback.
Market view: BTC is holding near multi-month highs, with strong ETF demand recently reported, but elevated momentum means volatility can remain high