Yesterday, BTC pushed above the 85K area, but buyers couldn’t hold the momentum. The rejection came quickly, and price sold off from that resistance.
For now, I’m staying cautious and still looking for a deeper correction before the next strong move higher.
The first level I’m watching is 82K.
If 82K fails, the next area to watch is around 80K. That’s where I’ll be paying much more attention to price action for a possible bounce setup.
My plan is simple:
87K rejection → 82K → if 82K breaks → 80K → wait for confirmation
I’m not interested in chasing a random short-term bounce here. I’d rather let BTC come into the key support zones and show me where the real buyers are before taking the next trade.