🚨 BTC LATEST UPDATE — OCTOBER 7 🚨
Bitcoin ($BTC ) is trading around the $85.4K–$86K zone today. 📊
🔥 KEY LEVELS TO WATCH:
🟢 Resistance: $87K
🟢 A strong breakout above $87K could open the door toward $90K+
🔴 Support: $85K
🔴 Losing $85K could trigger another short-term pullback.
There is also a positive macro signal: weaker US jobs data has reduced expectations of an October Fed rate hike, which could support risk assets like Bitcoin.
However, BTC has already been rejected around $87K multiple times, so confirmation is important before assuming a breakout.
📌 My view: BTC remains cautiously bullish above $85K, but the real confirmation comes with a strong move and hold above $87K.
🚀 BULLISH or 🔻 BEARISH?
Drop your prediction below 👇
#Bitcoin #BTC #BinanceSquare #Crypto
Bitcoin ($BTC ) is trading around the $85.4K–$86K zone today. 📊
🔥 KEY LEVELS TO WATCH:
🟢 Resistance: $87K
🟢 A strong breakout above $87K could open the door toward $90K+
🔴 Support: $85K
🔴 Losing $85K could trigger another short-term pullback.
There is also a positive macro signal: weaker US jobs data has reduced expectations of an October Fed rate hike, which could support risk assets like Bitcoin.
However, BTC has already been rejected around $87K multiple times, so confirmation is important before assuming a breakout.
📌 My view: BTC remains cautiously bullish above $85K, but the real confirmation comes with a strong move and hold above $87K.
🚀 BULLISH or 🔻 BEARISH?
Drop your prediction below 👇
#Bitcoin #BTC #BinanceSquare #Crypto