๐จ Bitcoin Rejection at $85K? Watch out for a Pullback! ๐จ
$BTC is currently struggling to hold above the $85K level. This area is acting as a strong resistance zone. If the price rejects here, we are likely to see a pullback to test the support at $81K.
๐ Why I'm expecting a pullback right now:
1. Volume is fading on the recent upward move (Fakeout risk).
2. The $85K zone is a major psychological barrier.
3. If we fail to get a Daily Close above $85K, the bears might take control.
๐ค What's your take?
Do you agree that a pullback is coming, or do you think the bulls will break through $88K?
Drop your thoughts in the comments ๐
โ ๏ธ Disclaimer: This is my personal analysis, not financial advice. Always manage your risk.
#bitcoin #BTC #crypto #BinanceSquare #Write2Earn ๐ฅถ
$BTC is currently struggling to hold above the $85K level. This area is acting as a strong resistance zone. If the price rejects here, we are likely to see a pullback to test the support at $81K.
๐ Why I'm expecting a pullback right now:
1. Volume is fading on the recent upward move (Fakeout risk).
2. The $85K zone is a major psychological barrier.
3. If we fail to get a Daily Close above $85K, the bears might take control.
๐ค What's your take?
Do you agree that a pullback is coming, or do you think the bulls will break through $88K?
Drop your thoughts in the comments ๐
โ ๏ธ Disclaimer: This is my personal analysis, not financial advice. Always manage your risk.
#bitcoin #BTC #crypto #BinanceSquare #Write2Earn ๐ฅถ
