Bitcoin’s $89,000 Wall: Breakout or Fakeout? 📈

$BTC just crossed the $89,000 mark and the market is holding its breath. After a shaky weekend where we saw a brief dip toward $74,000, the "dip buyers" came in aggressive. We’re seeing a slight drop in Open Interest (down 1.68%), which usually means the over-leveraged longs are getting flushed out. This is a healthy reset before the next leg up to the psychological $100k barrier. If the support at $88,500 holds, we are looking at a parabolic February. $BTC

BTCUSDT

Perp

76,111

-3.51%