$BTC Bitcoin is trading around $84,500 today. BTC recently pushed above $85,000, but the move lost momentum as U.S. Treasury yields remained high.
Key levels:
đą Resistance: $85,500â$87,400
đŽ Support: $80,900, then $75,600
đ Above $87,400 could strengthen the bullish momentum.
đ A break below $80,900 would increase downside pressure.
A major fresh development: Citigroup raised its 12-month Bitcoin forecast to $113,000 from $82,000, citing stronger crypto activity and renewed ETF inflows. This is Citi's forecast, not a guaranteed price target
#btc #trade
Key levels:
đą Resistance: $85,500â$87,400
đŽ Support: $80,900, then $75,600
đ Above $87,400 could strengthen the bullish momentum.
đ A break below $80,900 would increase downside pressure.
A major fresh development: Citigroup raised its 12-month Bitcoin forecast to $113,000 from $82,000, citing stronger crypto activity and renewed ETF inflows. This is Citi's forecast, not a guaranteed price target
#btc #trade
