đš $BTC CONSOLIDATION AT A CRITICAL LEVEL
BTC is currently trading around $83.5K after the recent strong move up. On the daily chart, price is now consolidating below the $85Kâ$86K resistance zone, showing that momentum has started to cool down.
If BTC fails to reclaim $85Kâ$86K and loses the $82.9Kâ$83K support area, we could see a deeper correction toward $82K â $80K.
On the other hand, a clean breakout and daily close above $86K could bring the bullish momentum back.
For now, Iâm watching $83K support and $86K resistance closely. đ
Stay patient. Let the chart confirm the next move.
NFA â manage your risk.
#MicronBeatsEarningsLiftsGuidance #CFTCSubmitsTwoEventContractRulesToWhiteHouse #AltcoinSeasonIndexHoldsAbove60For5Days #USADPAdds90000JobsInSeptember #KospiPostsWorstQuarterSince2020
BTC is currently trading around $83.5K after the recent strong move up. On the daily chart, price is now consolidating below the $85Kâ$86K resistance zone, showing that momentum has started to cool down.
If BTC fails to reclaim $85Kâ$86K and loses the $82.9Kâ$83K support area, we could see a deeper correction toward $82K â $80K.
On the other hand, a clean breakout and daily close above $86K could bring the bullish momentum back.
For now, Iâm watching $83K support and $86K resistance closely. đ
Stay patient. Let the chart confirm the next move.
NFA â manage your risk.
#MicronBeatsEarningsLiftsGuidance #CFTCSubmitsTwoEventContractRulesToWhiteHouse #AltcoinSeasonIndexHoldsAbove60For5Days #USADPAdds90000JobsInSeptember #KospiPostsWorstQuarterSince2020
