#ShareYourThoughtOnBTC BTC UPDATE: $85,483 Today
BTC tried to break $87k again and got rejected. That's the 3rd rejection since Sept 23.
We are now inside a tight triangle:
Support: $84.7k / $82.9k
Resistance: $87k / $87.3k
What's going on?
• US 10-year bond yield is 5.33% - that's heavy pressure on risk assets
• But institutions keep buying - Strive bought 2,000 BTC, Strategy added 334 BTC this week
• BTC still up +6.38% this month
My plan:
No leverage. No FOMO.
This is a spot zone. I am holding, not chasing.
If BTC breaks and closes above $87k, next target is $92k.
If it fails, we likely retest $82k first before next leg up.
Patience over pressure.
What's your view? Bullish or waiting for dip?
$BTC #Bitcoin #CryptoMarket #BTCAnalysis #CryptoNews
BTC tried to break $87k again and got rejected. That's the 3rd rejection since Sept 23.
We are now inside a tight triangle:
Support: $84.7k / $82.9k
Resistance: $87k / $87.3k
What's going on?
• US 10-year bond yield is 5.33% - that's heavy pressure on risk assets
• But institutions keep buying - Strive bought 2,000 BTC, Strategy added 334 BTC this week
• BTC still up +6.38% this month
My plan:
No leverage. No FOMO.
This is a spot zone. I am holding, not chasing.
If BTC breaks and closes above $87k, next target is $92k.
If it fails, we likely retest $82k first before next leg up.
Patience over pressure.
What's your view? Bullish or waiting for dip?
$BTC #Bitcoin #CryptoMarket #BTCAnalysis #CryptoNews