đš Guys, $BTC pushed strongly higher and tapped $86,880, But now price is starting to cool off and consolidate around the $86K area.
After such a sharp move, a short-term pullback or sideways consolidation wouldnât be surprising. The key levels Iâm watching are:
đč Resistance: $86,880 â $87K
đč Support: $85K â $84K
If BTC holds above $85K, buyers could attempt another push toward the recent high. But losing the $85K area could trigger a deeper pullback toward $84Kâ$83K.
For now, letâs see whether $BTC can turn $86K into support or needs to cool off a bit more.
NFA â Manage your risk.
After such a sharp move, a short-term pullback or sideways consolidation wouldnât be surprising. The key levels Iâm watching are:
đč Resistance: $86,880 â $87K
đč Support: $85K â $84K
If BTC holds above $85K, buyers could attempt another push toward the recent high. But losing the $85K area could trigger a deeper pullback toward $84Kâ$83K.
For now, letâs see whether $BTC can turn $86K into support or needs to cool off a bit more.
NFA â Manage your risk.
