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Chohan 285

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$BTC {spot}(BTCUSDT) Current price: around $83,200–$83,400. �Resistance: $86,500–$87,000 — BTC has repeatedly struggled to break this zone. � Barron's +1 Support: ~$83,000, then $80,000–$82,000 if selling accelerates. � Barron's +1 A move above $87K could open the way toward $90K+. A sustained break below $83K would increase downside risk. The main pressure currently comes from high Treasury yields and a strong U.S. dollar, while ETF demand remains an important bullish catalyst. � Reuters +1 My take: BTC's broader recovery is still intact, but $87K is the key breakout level. Until BTC convincingly clears it, expect volatility and range trading. #BinanceLaunchesBinanceIntelligence #FedMinutesFocusOnOctoberPause #IMFGrantsWaiverForElSalvadorBitcoinBreach #DubaiVARAIssuesReserveAssetAuditCircular #SP500AndNasdaqHitRecordHighs
$BTC
Current price: around $83,200–$83,400. �Resistance: $86,500–$87,000 — BTC has repeatedly struggled to break this zone. �
Barron's +1
Support: ~$83,000, then $80,000–$82,000 if selling accelerates. �
Barron's +1
A move above $87K could open the way toward $90K+.
A sustained break below $83K would increase downside risk.
The main pressure currently comes from high Treasury yields and a strong U.S. dollar, while ETF demand remains an important bullish catalyst. �
Reuters +1
My take: BTC's broader recovery is still intact, but $87K is the key breakout level. Until BTC convincingly clears it, expect volatility and range trading.
#BinanceLaunchesBinanceIntelligence #FedMinutesFocusOnOctoberPause #IMFGrantsWaiverForElSalvadorBitcoinBreach #DubaiVARAIssuesReserveAssetAuditCircular #SP500AndNasdaqHitRecordHighs
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