🚨 BITCOIN → Testing Trend Resistance: Breakout or Trap?

$BTCUSDT is approaching key trend resistance near $84.7K–$88.8K. The move looks gradual and consolidative, possibly hinting at a liquidity hunt. But can the market support a breakout?

🔍 Quick Technicals:

BTC trading around $84,754.85 (-0.01%)

Weekly chart shows consolidation with long wicks, indicating market hesitation

Resistance: $84,700 / $88,800

Support: $78,200 / $73–74K / $66,500

🧠 Fundamentals in Brief:

No strong bullish news recently

Market still reacting to Trump’s 90-day break, but it’s temporary

US-China tension pushing investors toward gold

Rate cut rumors might help crypto sentiment

⚠️ What to Watch:

A confirmed breakout above $88.8K = potential bullish run

A false breakout or sharp rejection = possible drop

Always manage risk. Trade wisely.

🔗 Helpful Links:

Trade BTC/USDT on Binance

Crypto Fear & Greed Index

Regards,

📈 Trade Crypto#currency

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