$BTC 🔥 BTC Is Testing the $85K Resistance Again
Bitcoin is back above $85K and once again testing the top of this current range.
After moving up from around $79.5K, BTC has been consolidating between roughly $83K and $85K. Now, $85K is the key level I’m watching closely.
If Bitcoin manages to break above $85K and hold it as support, the next major resistance I’m watching is around $87K.
But if BTC gets rejected from $85K again, I’d want to see the $83K area hold before getting too confident about another move higher.
For now, the overall structure is still holding up.
The next move depends on one thing: Can BTC finally break and hold above this range? 📈
Trading Disclaimer: This is for educational and informational purposes only, not financial advice. Crypto trading involves significant risk, and you should always do your own research before making any trading decision.
#BitcoinFundingRateTriplesTo10%
#NFPWatch
Bitcoin is back above $85K and once again testing the top of this current range.
After moving up from around $79.5K, BTC has been consolidating between roughly $83K and $85K. Now, $85K is the key level I’m watching closely.
If Bitcoin manages to break above $85K and hold it as support, the next major resistance I’m watching is around $87K.
But if BTC gets rejected from $85K again, I’d want to see the $83K area hold before getting too confident about another move higher.
For now, the overall structure is still holding up.
The next move depends on one thing: Can BTC finally break and hold above this range? 📈
Trading Disclaimer: This is for educational and informational purposes only, not financial advice. Crypto trading involves significant risk, and you should always do your own research before making any trading decision.
#BitcoinFundingRateTriplesTo10%
#NFPWatch
