$BTC is facing rejection beneath a strong sell wall.
The first resistance zone sits around $85.2K–$85.8K, with another major supply area near $87K–$88K.
For now, Bitcoin is undergoing a correction.
$84K remains the key level to defend.
Holding $84K and reclaiming $85.8K could set up another move toward $87K–$88K.
Lose $84K, and the pullback could extend further.
#BitwiseFilesFinalNEARSpotETFProspectus #TrumpRejectsIranHormuzReopening
The first resistance zone sits around $85.2K–$85.8K, with another major supply area near $87K–$88K.
For now, Bitcoin is undergoing a correction.
$84K remains the key level to defend.
Holding $84K and reclaiming $85.8K could set up another move toward $87K–$88K.
Lose $84K, and the pullback could extend further.
#BitwiseFilesFinalNEARSpotETFProspectus #TrumpRejectsIranHormuzReopening
