$BTC – Breakout Loading or Fakeout Trap?
Bitcoin’s hanging around **$88K**, and the market’s acting like it’s waiting for someone to make the first move. That “calm before the storm” vibe is real.
What’s the setup?
- Key resistance: ~$88.5K – We’ve tapped it a couple of times but no clean break yet. If we break it with volume, $90K is the next magnet.
- Support zone: ~$84.5K – Solid demand here. If price dips into this zone again and holds, that’s a decent bounce play.
- Range: ~$84.5K–88.5K – Until we break out, it’s chop city. Great for range scalping, risky for breakout trades (unless confirmed).
Short-term play idea:
- Long above $88.5K with strong volume
- TP1: $90K
- TP2: $92K
- SL: Below $86.5K
- Or: Buy the dip at $84.5K with tight risk below $83.5K
- Play the bounce back to mid-range or resistance
Long-term? Still bullish post-halving. Every dip is a potential accumulation zone—but zoom out, and don’t ape in blindly.
Indicators say:
- RSI: Mid-range—room to go either way.
- MACD: Leaning bullish on 4H, but no full send yet.
- Volume: Still low—watch for the surge to confirm the move.
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Bottom Line
$BTC is range-bound between $84.5K–88.5K. Play the range or wait for a real breakout. No breakout = stay patient. Breakout = ride the wave.
Disclaimer Here: Not Financial Advice
