📈 Third Day, Third Knock on $84K. This Time Bitcoin Brought Volume
One 15-minute candle just ripped from $83.5K to $84.1K.
On the biggest 15-minute volume bar in over a day.
Straight into the $83.9K to $84.1K supply that rejected it yesterday.
The lows keep stepping up: $80.3K last week, $81.0K on Tuesday, $82.9K overnight, and $83.3K on today's dip. This morning we called it a squeeze, rising lows into a flat ceiling, and said something had to give. Buyers are pressing the ceiling again before CPI even lands.
But knocking isn't breaking. Sellers have defended this exact zone three days running, and pre-data pops can unwind as fast as they arrive. What matters is where price sits after the CPI print, not one candle before it.
Levels to watch. 🎯
Hold above $84.13K, and $84.35K, the top of the multi-day supply, is the last gate before $85.9K to $87.1K.
Get rejected, and $83.3K to $83.6K, today's base, is the first support.
Below that, the $82.9K higher low is the line that keeps the squeeze alive.
Breakout before the data, or one more rejection at the wall? 🔥
Not financial advice.
$BTC
$ETH
$BTW
One 15-minute candle just ripped from $83.5K to $84.1K.
On the biggest 15-minute volume bar in over a day.
Straight into the $83.9K to $84.1K supply that rejected it yesterday.
The lows keep stepping up: $80.3K last week, $81.0K on Tuesday, $82.9K overnight, and $83.3K on today's dip. This morning we called it a squeeze, rising lows into a flat ceiling, and said something had to give. Buyers are pressing the ceiling again before CPI even lands.
But knocking isn't breaking. Sellers have defended this exact zone three days running, and pre-data pops can unwind as fast as they arrive. What matters is where price sits after the CPI print, not one candle before it.
Levels to watch. 🎯
Hold above $84.13K, and $84.35K, the top of the multi-day supply, is the last gate before $85.9K to $87.1K.
Get rejected, and $83.3K to $83.6K, today's base, is the first support.
Below that, the $82.9K higher low is the line that keeps the squeeze alive.
Breakout before the data, or one more rejection at the wall? 🔥
Not financial advice.
$BTC
$ETH
$BTW