š$BTC ā RANGE BREAKOUT WATCH
BTCUSDT Perp: $86,685 (+3.58%)
Bitcoin is back above $85K and testing the upper boundary of its recent range.
š Key Levels: š¹ Support: $83K šø Resistance: $85K šÆ Next resistance: $87K
š¢ Bullish Scenario:
A confirmed breakout and hold above $85K could open the way toward the $87K resistance zone.
š“ Rejection Scenario:
If BTC gets rejected around $85K, $83K becomes the key level to watch for structural support.
The structure remains constructive ā but BTC now needs to prove the breakout with a sustained move above the range.
#Bitcoin #BTC #Crypto #CryptoTrading
BTCUSDT Perp: $86,685 (+3.58%)
Bitcoin is back above $85K and testing the upper boundary of its recent range.
š Key Levels: š¹ Support: $83K šø Resistance: $85K šÆ Next resistance: $87K
š¢ Bullish Scenario:
A confirmed breakout and hold above $85K could open the way toward the $87K resistance zone.
š“ Rejection Scenario:
If BTC gets rejected around $85K, $83K becomes the key level to watch for structural support.
The structure remains constructive ā but BTC now needs to prove the breakout with a sustained move above the range.
#Bitcoin #BTC #Crypto #CryptoTrading
