$83K. That's the verdict level now.
Three steps since July: $62K-$67K, then $76K-$81.5K, now $83K-$87K. Each range flat for weeks, each breakout sharp and fast. Today's drop to $84K on the oil scare is just the current tread wobbling. $547M in liquidations looks dramatic, but it's noise on a range that never broke.
Here is the line that actually matters. Hold $83K and sellers failed to force price back into the old range, the staircase survives, and another step up stays on the table. Lose it cleanly and the September breakout failed, with $80K next in line.
Ranges are opinions. $83K is the verdict.
$BTC $ETH
Three steps since July: $62K-$67K, then $76K-$81.5K, now $83K-$87K. Each range flat for weeks, each breakout sharp and fast. Today's drop to $84K on the oil scare is just the current tread wobbling. $547M in liquidations looks dramatic, but it's noise on a range that never broke.
Here is the line that actually matters. Hold $83K and sellers failed to force price back into the old range, the staircase survives, and another step up stays on the table. Lose it cleanly and the September breakout failed, with $80K next in line.
Ranges are opinions. $83K is the verdict.
$BTC $ETH
