$BTC #TrrendingTopic

Bitcoin Breakout or Fakeout? Key Levels to Watch This Week!

Bitcoin has been testing key resistance levels, sparking speculation about a potential breakout. But is this the real deal, or just another fakeout? Here’s what traders should watch:

🔹 Resistance Zone: $89k- A breakout above this level could signal strong bullish momentum.

🔹 Support Level: $90 - If BTC fails to hold, we might see a deeper pullback.

🔹 Funding Rates & Open Interest: Rising funding rates indicate overheated longs, which could lead to a correction.

🔹 Macro Factors: Keep an eye on economic data & Fed decisions that could impact risk assets.

📊 My Take: If BTC confirms support above resistance, we could see continuation. Otherwise, a retest of support is likely. Trade with a strategy!

What’s your BTC game plan? Bullish or bearish? Let’s discuss in the comments! 🚀📉