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I’ve been watching BTC around this $84K–$85K area, and honestly, I’m more interested in the reaction here than the move to $87K.
We got the push above $87K, but buyers couldn’t keep it there. Now price is back around $84.7K, which tells me the market still needs to prove that there’s enough strength behind the move.
For me, $85K is the first level I want to see reclaimed and held.
If BTC gets back above $85K and holds the retest, I’ll start looking toward $87K and then $90K.
If $85K keeps rejecting and $84K breaks with strong selling, I’m not going to force a long. I’ll wait and see if BTC gives us a better setup around $82K–$83K.
Right now I’m neither chasing the bullish move nor calling for a big dump.
I’m just watching the levels and waiting for BTC to show me what it wants to do next.
That’s my view going into the new week.
$BTC