๐จ $Bitcoin at the $87K Resistance โ Is the Next Big Move Coming?
Bitcoin is currently trading around the $86K area, but the $87,000โ$87,500 zone remains a strong resistance.
๐ Key Levels:
๐ด Resistance: $87,000โ$87,500
๐ข Support: $84,300โ$85,400
โ ๏ธ Major Support: Around $82,000
If BTC breaks above $87,500 with a strong daily close, the next psychological target could be $90,000.
However, if BTC gets rejected again around $87K and falls below $84,300, the risk of a deeper correction toward $82K increases.
Another important point: recent upside momentum has also been supported by short liquidations, so the move should not automatically be considered a confirmed bullish trend. Waiting for confirmation may be safer than chasing the market.
My Market View:
๐ Above $87.5K โ Bullish continuation
โ๏ธ $84.3Kโ$87.5K โ Range / consolidation
๐ Below $84.3K โ Correction risk
The real question is not โWill Bitcoin go up?โ
The real question is:
๐ฅ Can BTC break $87.5K and HOLD above it? ๐
#Bitcoin #BTC #Crypto #Binance #BTCUSDT #CryptoMarket #Trading
Bitcoin is currently trading around the $86K area, but the $87,000โ$87,500 zone remains a strong resistance.
๐ Key Levels:
๐ด Resistance: $87,000โ$87,500
๐ข Support: $84,300โ$85,400
โ ๏ธ Major Support: Around $82,000
If BTC breaks above $87,500 with a strong daily close, the next psychological target could be $90,000.
However, if BTC gets rejected again around $87K and falls below $84,300, the risk of a deeper correction toward $82K increases.
Another important point: recent upside momentum has also been supported by short liquidations, so the move should not automatically be considered a confirmed bullish trend. Waiting for confirmation may be safer than chasing the market.
My Market View:
๐ Above $87.5K โ Bullish continuation
โ๏ธ $84.3Kโ$87.5K โ Range / consolidation
๐ Below $84.3K โ Correction risk
The real question is not โWill Bitcoin go up?โ
The real question is:
๐ฅ Can BTC break $87.5K and HOLD above it? ๐
#Bitcoin #BTC #Crypto #Binance #BTCUSDT #CryptoMarket #Trading