IS BITCOIN PREPARING FOR A SECOND SURGE ABOVE $83,400 OR A BULL TRAP? โ ๏ธ๐
Bitcoin ($BTC ) swept local liquidity up to $83,400 before cooling down into a tight intraday consolidation around $82,614. With MA25 holding as immediate dynamic support, traders are watching closely ahead of upcoming macroeconomic volatility.
โข Bullish Scenario: Reclaiming and closing a 15m candle above $83,000 targets a retest of $83,500+ liquidity pools.
โข Bearish Scenario: Failing to defend the $82,500 zone risks a quick pullback toward MA99 support at $82,000.
While leverage builds up, retail traders are getting chopped in this tight range.
Are you holding spot $BTC positions here, or waiting for a breakout confirmation above $83,400?
๐ Click here to trade $BTC ๐
Follow @Blockstream for strict risk-managed setups & real-time market updates!
#BTC #writetoearn #EarningsSeason
Bitcoin ($BTC ) swept local liquidity up to $83,400 before cooling down into a tight intraday consolidation around $82,614. With MA25 holding as immediate dynamic support, traders are watching closely ahead of upcoming macroeconomic volatility.
โข Bullish Scenario: Reclaiming and closing a 15m candle above $83,000 targets a retest of $83,500+ liquidity pools.
โข Bearish Scenario: Failing to defend the $82,500 zone risks a quick pullback toward MA99 support at $82,000.
While leverage builds up, retail traders are getting chopped in this tight range.
Are you holding spot $BTC positions here, or waiting for a breakout confirmation above $83,400?
๐ Click here to trade $BTC ๐
Follow @Blockstream for strict risk-managed setups & real-time market updates!
#BTC #writetoearn #EarningsSeason