Bitcoin $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 $87K 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.12 hr after BTC $90k $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 $87K 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.12 hr after BTC $90k $BTC