$BTC Update Today - Panic or Opportunity?
Bitcoin is trading around $83,500 today after failing to hold $85k resistance.
Why the dip?
- US 10Y Treasury yield above 5.2%
- Oil price $106+
- Fear & Greed at 66 (still in Greed)
Key Levels to watch:
Support: $82,000
Resistance: $84,000 - $85,000
This looks like consolidation, not a sell-off. ETFs still saw $2.39B inflows last week.
What do you think? Will BTC hold $82k or break $85k this week?
$BTC $ETH
#bainancesquare #btc #crypto
Bitcoin is trading around $83,500 today after failing to hold $85k resistance.
Why the dip?
- US 10Y Treasury yield above 5.2%
- Oil price $106+
- Fear & Greed at 66 (still in Greed)
Key Levels to watch:
Support: $82,000
Resistance: $84,000 - $85,000
This looks like consolidation, not a sell-off. ETFs still saw $2.39B inflows last week.
What do you think? Will BTC hold $82k or break $85k this week?
$BTC $ETH
#bainancesquare #btc #crypto
