Bitcoin ($BTC) has hit a speed bump, rejecting off the $87.4K resistance and pulling back toward the $83K support zone over the last few days. A massive wave of long liquidations and rising US Treasury yields are keeping the pressure on the bulls right now.
🟢 Support: $83,000 (Local floor). If this breaks, $80,800 is the line in the sand.
🔴 Resistance: $87,400. We need a strong daily close above this to reignite the push to $90K+.
ETF inflows are cooling off slightly, so we need spot buyers to step up here. Are you buying the dip or waiting for confirmation? Let me know below! 👇
#Bitcoin #BTC #CryptoMarket #BinanceSquare #cryptotrading #MarketAnalysis" #btcpullback
🟢 Support: $83,000 (Local floor). If this breaks, $80,800 is the line in the sand.
🔴 Resistance: $87,400. We need a strong daily close above this to reignite the push to $90K+.
ETF inflows are cooling off slightly, so we need spot buyers to step up here. Are you buying the dip or waiting for confirmation? Let me know below! 👇
#Bitcoin #BTC #CryptoMarket #BinanceSquare #cryptotrading #MarketAnalysis" #btcpullback