BlockchainBaller
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Bearish
LITERALLY $BTC STUCKINNNNNNNNNN ❗Some of you are convinced that #BTC☀️ is heading straight for $40K not today, tomorrow, or next week, but maybe by the end of the month. #Bitcoin is holding above $85K, but some analysts predict a potential dip to $40K by the end of the month due to market sentiment and macroeconomic pressures. While $BTC remains volatile, key support and resistance levels will determine its next move is this a trap, or is a deeper correction coming❓$BTC /USDT: Momentum Building for the Next Big Move
#Bitcoin is trading at $85,748, maintaining a strong recovery from its recent dip to $78,258. The price has tested resistance near $86,558, but bulls need a decisive breakout to sustain upward momentum.
Key level to Watch
Resistance: $86,500 – A breakout here could push BTC toward $87,500 and $89,000.
Support: $84,000 – A break below could lead to $82,500 and $80,000.
Trade Setup
Long Entry: Above $86,500, targeting $87,500 and $89,000.
Short Entry: Below $84,000, with downside targets at $82,500 and $80,000.
Stop Loss: $85,200 for long trades, $86,000 for short trades.
Market Insights – What’s Next?
MACD: Positive momentum, but needs further confirmation.
Parabolic SAR: Still supporting an uptrend.
Volume: Bulls need sustained buying pressure to avoid rejection.
BTC is at a critical point—will it break resistance or face another pullback? Watch these levels closely.
#Bitcoin is trading at $85,748, maintaining a strong recovery from its recent dip to $78,258. The price has tested resistance near $86,558, but bulls need a decisive breakout to sustain upward momentum.
Key level to Watch
Resistance: $86,500 – A breakout here could push BTC toward $87,500 and $89,000.
Support: $84,000 – A break below could lead to $82,500 and $80,000.
Trade Setup
Long Entry: Above $86,500, targeting $87,500 and $89,000.
Short Entry: Below $84,000, with downside targets at $82,500 and $80,000.
Stop Loss: $85,200 for long trades, $86,000 for short trades.
Market Insights – What’s Next?
MACD: Positive momentum, but needs further confirmation.
Parabolic SAR: Still supporting an uptrend.
Volume: Bulls need sustained buying pressure to avoid rejection.
BTC is at a critical point—will it break resistance or face another pullback? Watch these levels closely.
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
