BTC Is Holding $84.8K — Here's the Level That Could Unlock $87K Again
Bitcoin is trading near $84.86K after recently rejecting from $87,220.
The interesting part?
BTC remains above its major 4H moving averages:
MA7: $84,707
MA25: $84,320
MA99: $83,304
The 15m chart is also showing:
MA7 > MA25 > MA99
That gives BTC a constructive structure—but resistance is directly ahead.
🐺 My BTC roadmap:
🟢 First trigger: $84,950–$85,050
🔥 Major confirmation: $85,500
🎯 TP1: $85,850
🎯 TP2: $86,100
🎯 TP3: $86,600
🚀 Major target: $87,220
⚠️ Weakness below: $84,650
Macro conditions have also become more supportive after September U.S. payroll growth slowed sharply, while spot Bitcoin ETFs have returned to positive daily inflows. �
Reuters +1
But the rule remains unchanged:
Don't buy the headline. Don't chase the candle. Trade the confirmation. 🐺
Would you enter after the $85K reclaim—or wait for $85.5K confirmation?
#SECProposesCryptoCustodyRules #BTC☀ #BTC #AltcoinWolF #FedOctoberRateHikeOddsFallTo17% $BTC
Bitcoin is trading near $84.86K after recently rejecting from $87,220.
The interesting part?
BTC remains above its major 4H moving averages:
MA7: $84,707
MA25: $84,320
MA99: $83,304
The 15m chart is also showing:
MA7 > MA25 > MA99
That gives BTC a constructive structure—but resistance is directly ahead.
🐺 My BTC roadmap:
🟢 First trigger: $84,950–$85,050
🔥 Major confirmation: $85,500
🎯 TP1: $85,850
🎯 TP2: $86,100
🎯 TP3: $86,600
🚀 Major target: $87,220
⚠️ Weakness below: $84,650
Macro conditions have also become more supportive after September U.S. payroll growth slowed sharply, while spot Bitcoin ETFs have returned to positive daily inflows. �
Reuters +1
But the rule remains unchanged:
Don't buy the headline. Don't chase the candle. Trade the confirmation. 🐺
Would you enter after the $85K reclaim—or wait for $85.5K confirmation?
#SECProposesCryptoCustodyRules #BTC☀ #BTC #AltcoinWolF #FedOctoberRateHikeOddsFallTo17% $BTC
