$BTC rejected at $87.2k, flushed to $83.9k, and now it's coiling around $85k 👀
Friday: tagged $87.2k, got rejected right at the September high, dumped to $83.9k.
Weekend: chopped between $84.5k and $85k.
This morning: back above $85k.
Levels that matter:
🟢 $85k: has to hold. Lose it again and this is just chop.
🛡️ Support: $83.9k (Friday's low), then $83k-$82k.
🔴 $87k: bulls need this back. It's rejected price twice now.
⚠️ Daily close under $81.5k: turns this into a deeper reset.
For now it's a range. The next real move comes when $85k holds or $87k gives.
Which one breaks first? 👇
#BTC #Bitcoin #CryptoTrading #TechnicalAnalysis
Friday: tagged $87.2k, got rejected right at the September high, dumped to $83.9k.
Weekend: chopped between $84.5k and $85k.
This morning: back above $85k.
Levels that matter:
🟢 $85k: has to hold. Lose it again and this is just chop.
🛡️ Support: $83.9k (Friday's low), then $83k-$82k.
🔴 $87k: bulls need this back. It's rejected price twice now.
⚠️ Daily close under $81.5k: turns this into a deeper reset.
For now it's a range. The next real move comes when $85k holds or $87k gives.
Which one breaks first? 👇
#BTC #Bitcoin #CryptoTrading #TechnicalAnalysis
