BTC Rejected at $87K - What's Next?
Bitcoin is trading around $84,300 today after a sharp rejection from $87,000 yesterday.
Over the last 24h, $280M+ longs got liquidated as BTC dropped to $83,500 low. The 10-year US bond yield hitting 5% is putting pressure on all risk markets.
Key Levels to Watch:
Support: $82,000 - $80,000
Resistance: $86,000 - $87,000
If BTC holds $82K, next target is $90K. If it breaks $80K, next stop could be $75K.
I'm still bullish long-term, this is a healthy correction. Are you buying the dip?
$BTC $ETH $BNB
Bitcoin is trading around $84,300 today after a sharp rejection from $87,000 yesterday.
Over the last 24h, $280M+ longs got liquidated as BTC dropped to $83,500 low. The 10-year US bond yield hitting 5% is putting pressure on all risk markets.
Key Levels to Watch:
Support: $82,000 - $80,000
Resistance: $86,000 - $87,000
If BTC holds $82K, next target is $90K. If it breaks $80K, next stop could be $75K.
I'm still bullish long-term, this is a healthy correction. Are you buying the dip?
$BTC $ETH $BNB