$BTC has pulled back from the $85,000 level and is now trading around $83,000–$83,200.
If $BTC continues lower and moves back toward $81,000, that would not be a great sign.
If Bitcoin manages to break through $85,000 again, the next levels I would watch are around $87,000–$88,000.
What makes this correction interesting is that there haven't really been any major or specific negative news behind the move.
For now, I don't want to get too involved in futures, especially while the market is in a phase where there isn't much clear direction. If I start accumulating spot, the coins I'll be watching are mainly $ETH , $SOL and $NEAR .
#Macro Insights#
If $BTC continues lower and moves back toward $81,000, that would not be a great sign.
If Bitcoin manages to break through $85,000 again, the next levels I would watch are around $87,000–$88,000.
What makes this correction interesting is that there haven't really been any major or specific negative news behind the move.
For now, I don't want to get too involved in futures, especially while the market is in a phase where there isn't much clear direction. If I start accumulating spot, the coins I'll be watching are mainly $ETH , $SOL and $NEAR .
#Macro Insights#
