btc is back above $85K and testing the top of this range again.
BTC has been consolidating between roughly $83K and $85K after the move higher from the $79.5K area.
Now I’m watching $85K closely.
If Bitcoin can break and hold above it, $87K is the next major resistance I’m watching.
If $85K gets rejected again, I’d want to see $83K hold before getting too excited about the next move.
The structure is still holding up.
Now BTC needs to prove it can actually break the range.
BTC has been consolidating between roughly $83K and $85K after the move higher from the $79.5K area.
Now I’m watching $85K closely.
If Bitcoin can break and hold above it, $87K is the next major resistance I’m watching.
If $85K gets rejected again, I’d want to see $83K hold before getting too excited about the next move.
The structure is still holding up.
Now BTC needs to prove it can actually break the range.
