Bitcoin is back near $87,000, but sellers have rejected this zone several times. BTC briefly reached around $86,950 before pulling back below $86K.
๐ Key levels to watch:
โข Resistance: $87Kโ$87.3K
โข Major confirmation: Daily close above $87.3K
โข Next important area: ~$89K
โข Rejection could bring another period of consolidation.
๐ The broader trend still looks constructive, with Bitcoinโs major moving averages moving toward a more bullish structure.
Meanwhile, Ethereum had a strong Q3, but its lower market liquidity means ETH could experience sharper moves in either direction.
โ ๏ธ This week is important for crypto as traders watch FOMC minutes, jobless claims and U.S. economic data.
๐ My view: BTC needs to break and hold above $87K to strengthen the bullish case. Until then, this remains a key resistance zone.
Do you think Bitcoin will break $87K this week or get rejected again? ๐