đš BTC REJECTED $87K. NOW $81K MATTERS
BTC just pulled back after touching $87,383, and this is where things get interesting.
Iâve been watching the breakout from $81,150, where buyers pushed price aggressively toward $87K. But after that rally, sellers finally stepped in near the highs.
Now Iâm watching whether this is just a healthy retest or the start of something deeper.
đą Bullish scenario
If BTC revisits $81,150â$81,500 and buyers defend that zone, Iâll be looking for a move toward $84,267, followed by another attempt at $87K.
That area matters because it was the previous breakout zone. If buyers defend it, the breakout structure remains intact.
đŽ Bearish scenario
If BTC loses $81K on a strong 4H close and fails to reclaim it, Iâd expect the correction to extend toward $79.5Kâ$80K, with $78K as the next area Iâm watching.
That would suggest the breakout is losing strength and late buyers may start exiting.
đ Trade setup Iâm watching
Entry: $81,500â$82,000
SL: $80,500
TP1: $84,267
TP2: $86,000
TP3: $87,300
Iâm not chasing BTC after this rejection. Iâd rather wait for price to come to a level where the risk actually makes sense.
With institutional interest and improving sentiment supporting the broader recovery, the bigger question is:
Was $87K just a stop-hunt, or can buyers turn this pullback into the next leg up?
Iâm watching $81K closely.
Whatâs your view here healthy retest or deeper correction?
$BTC #USWeighsPromotingDollarStablecoinsAbroad #BCHJumps28%OnCMEFuturesListing
#WallStreetEarningsRevisionsTurnBearish
#21SharesLaunchesEuropesFirstZcashETP
BTC just pulled back after touching $87,383, and this is where things get interesting.
Iâve been watching the breakout from $81,150, where buyers pushed price aggressively toward $87K. But after that rally, sellers finally stepped in near the highs.
Now Iâm watching whether this is just a healthy retest or the start of something deeper.
đą Bullish scenario
If BTC revisits $81,150â$81,500 and buyers defend that zone, Iâll be looking for a move toward $84,267, followed by another attempt at $87K.
That area matters because it was the previous breakout zone. If buyers defend it, the breakout structure remains intact.
đŽ Bearish scenario
If BTC loses $81K on a strong 4H close and fails to reclaim it, Iâd expect the correction to extend toward $79.5Kâ$80K, with $78K as the next area Iâm watching.
That would suggest the breakout is losing strength and late buyers may start exiting.
đ Trade setup Iâm watching
Entry: $81,500â$82,000
SL: $80,500
TP1: $84,267
TP2: $86,000
TP3: $87,300
Iâm not chasing BTC after this rejection. Iâd rather wait for price to come to a level where the risk actually makes sense.
With institutional interest and improving sentiment supporting the broader recovery, the bigger question is:
Was $87K just a stop-hunt, or can buyers turn this pullback into the next leg up?
Iâm watching $81K closely.
Whatâs your view here healthy retest or deeper correction?
$BTC #USWeighsPromotingDollarStablecoinsAbroad #BCHJumps28%OnCMEFuturesListing
#WallStreetEarningsRevisionsTurnBearish
#21SharesLaunchesEuropesFirstZcashETP
