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BTC is forming a potential bull flag, consolidating between 83K and 86K, with a midpoint equilibrium around 84.5K.

A breakout from this range could fuel an impulse move toward 87–87.5K.

However, if $BTC gets rejected, expect a drop back to the range midline, then likely a test of the lower boundary at 83K. From there, two options: another bounce toward the top of the range — or a breakdown into a deeper correction from last week’s rally. In that case, a realistic target would be around 80K.

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Nearest targets:

• Bullish: 87250 / 88900 / 90470 / 92500

• Bearish: 84500 / 83000 / 82517 / 80300

#Bitcoin Liquidation heatmap:

• Above: 86780 / 87440 / 89150

• Below: 85071 / 84216 / 83690