BTC is back around $84K after that $87K rejection.
Yesterday got ugly fast. Bitcoin pushed toward $87K, then slipped below $84K and closed around $84.4K. This morning, it's still hovering in that same area.
That's a pretty clear change from Monday's move.
I'm less interested in the drop itself and more interested in what BTC does around $84K. If buyers keep defending it, the market may simply be digesting the recent run. If that level gives way, the next reaction becomes much more important.
No need to force a direction here.
I'm watching the reaction, not the headline.
#BTC #bitcoin
Yesterday got ugly fast. Bitcoin pushed toward $87K, then slipped below $84K and closed around $84.4K. This morning, it's still hovering in that same area.
That's a pretty clear change from Monday's move.
I'm less interested in the drop itself and more interested in what BTC does around $84K. If buyers keep defending it, the market may simply be digesting the recent run. If that level gives way, the next reaction becomes much more important.
No need to force a direction here.
I'm watching the reaction, not the headline.
#BTC #bitcoin