BTC is currently facing strong resistance in the 87K–92K zone on the monthly timeframe. The current candle is also showing bearish pressure.
If BTC fails to break and hold above this zone, I’ll be watching the downside levels:
TP1: 58K
TP2: 49K
TP3: 25K
For now, the key area to watch is 87K–92K. A strong breakout with volume could invalidate the bearish setup.
Just sharing y analysis. NFA
#BTC☀ $BTC $SPCX $ETH
If BTC fails to break and hold above this zone, I’ll be watching the downside levels:
TP1: 58K
TP2: 49K
TP3: 25K
For now, the key area to watch is 87K–92K. A strong breakout with volume could invalidate the bearish setup.
Just sharing y analysis. NFA
#BTC☀ $BTC $SPCX $ETH
