$BTC Rejects $87,000 Again – Short Setup in Play

Bitcoin has once again failed to break through the $87,000 resistance. This is the third attempt in 24 hours, forming a strong short-term ceiling.

Current Price: $86,034

Support: 85000$

Why it matters:

Bitcoin’s rejection coincides with reports of rising bond yields in the US, leading to a shift in short-term risk appetite. Traders are moving funds away from risk assets.

Smarty Trade — Plan the trade, don’t chase the candle.