Most traders panic when $BTC gets rejected twice at 87,300, but that's often the exact setup that preceded the next leg in previous cycles.
The pain of watching your position get chopped between 80,500 and 87,300 is real. Too many people either FOMO at resistance or dump at support and miss the continuation.
After ripping out of that 62,000,66,000 base, we're in the zone that actually matters. Sellers have defended 86,000,87,300 twice already. As long as 80,500,82,000 holds, the bullish structure stays alive. A clean break above 87,300 opens the next strong move.
If support gives way, a slide toward 76,000 wouldn't surprise me before the next recovery. I've seen this movie in 2017 and 2021. The ones who treated these levels like gospel instead of noise came out ahead. $ETH and $SOL are basically waiting on this $BTC decision.
Where do you think this goes from here?
#Bitcoin #CryptoTrading #BTC
The pain of watching your position get chopped between 80,500 and 87,300 is real. Too many people either FOMO at resistance or dump at support and miss the continuation.
After ripping out of that 62,000,66,000 base, we're in the zone that actually matters. Sellers have defended 86,000,87,300 twice already. As long as 80,500,82,000 holds, the bullish structure stays alive. A clean break above 87,300 opens the next strong move.
If support gives way, a slide toward 76,000 wouldn't surprise me before the next recovery. I've seen this movie in 2017 and 2021. The ones who treated these levels like gospel instead of noise came out ahead. $ETH and $SOL are basically waiting on this $BTC decision.
Where do you think this goes from here?
#Bitcoin #CryptoTrading #BTC