đš $Bitcoin at the $87K Resistance â Is the Next Big Move Coming?
Bitcoin is currently trading around the $86K area, but the $87,000â$87,500 zone remains a strong resistance.
đ Key Levels:
đŽ Resistance: $87,000â$87,500
đą Support: $84,300â$85,400
â ïž Major Support: Around $82,000
If BTC breaks above $87,500 with a strong daily close, the next psychological target could be $90,000.
However, if BTC gets rejected again around $87K and falls below $84,300, the risk of a deeper correction toward $82K increases.
Another important point: recent upside momentum has also been supported by short liquidations, so the move should not automatically be considered a confirmed bullish trend. Waiting for confirmation may be safer than chasing the market.
My Market View:
đ Above $87.5K â Bullish continuation
âïž $84.3Kâ$87.5K â Range / consolidation
đ Below $84.3K â Correction risk
The real question is not âWill Bitcoin go up?â
The real question is:
đ„ Can BTC break $87.5K and HOLD above it? đ
#Bitcoin #BTC #Crypto #Binance #BTCUSDT #CryptoMarket #Trading
Bitcoin is currently trading around the $86K area, but the $87,000â$87,500 zone remains a strong resistance.
đ Key Levels:
đŽ Resistance: $87,000â$87,500
đą Support: $84,300â$85,400
â ïž Major Support: Around $82,000
If BTC breaks above $87,500 with a strong daily close, the next psychological target could be $90,000.
However, if BTC gets rejected again around $87K and falls below $84,300, the risk of a deeper correction toward $82K increases.
Another important point: recent upside momentum has also been supported by short liquidations, so the move should not automatically be considered a confirmed bullish trend. Waiting for confirmation may be safer than chasing the market.
My Market View:
đ Above $87.5K â Bullish continuation
âïž $84.3Kâ$87.5K â Range / consolidation
đ Below $84.3K â Correction risk
The real question is not âWill Bitcoin go up?â
The real question is:
đ„ Can BTC break $87.5K and HOLD above it? đ
#Bitcoin #BTC #Crypto #Binance #BTCUSDT #CryptoMarket #Trading