$BTC tested 87.1K then dumped to 83.5K
That means 87K supply is real. It also means shallow demand is still there, 83.5K bounced to 84.5K
Read:
Higher low vs 82.8K is intact
Double tap at 87.1K = needs time, not a straight run to 90K
82K breakout is not broken
Invalidation: 81.5K
Target: 87K, then 90K if 87K accepts
I don’t chase 87K again. I wait for the next hold.
That means 87K supply is real. It also means shallow demand is still there, 83.5K bounced to 84.5K
Read:
Higher low vs 82.8K is intact
Double tap at 87.1K = needs time, not a straight run to 90K
82K breakout is not broken
Invalidation: 81.5K
Target: 87K, then 90K if 87K accepts
I don’t chase 87K again. I wait for the next hold.
