$BTC is showing an interesting setup here.
Price has broken above the long-term descending trendline and is now trading around $83.7K, which puts the focus on whether this breakout can hold.
I’d be watching $83.5K–$84K closely. If #BTC holds this area and turns it into support, the next move could open the door toward $90K+. But if price gets rejected and falls back below the breakout zone, I’d rather wait for a deeper pullback toward the $80K–$79.7K support area.
For me, the key is confirmation, not chasing the breakout. $BTC has made the first move; now I want to see whether buyers can actually defend these levels. 📊
That’s where the real alpha could be.
Price has broken above the long-term descending trendline and is now trading around $83.7K, which puts the focus on whether this breakout can hold.
I’d be watching $83.5K–$84K closely. If #BTC holds this area and turns it into support, the next move could open the door toward $90K+. But if price gets rejected and falls back below the breakout zone, I’d rather wait for a deeper pullback toward the $80K–$79.7K support area.
For me, the key is confirmation, not chasing the breakout. $BTC has made the first move; now I want to see whether buyers can actually defend these levels. 📊
That’s where the real alpha could be.
