Breakout or Fakeout❓ #MarketPullback ❓or just struggling ❓Imagine waking up to see #BTC☀️ at $200K just let that sink in 🫡❗I told you five hours ago that #BTC☀ was gearing up for a bull run❗ First target hit now watching $88K and $90K+ closely❗$BTC /USDT ALERT: Critical Bounce or Fakeout❓
#Bitcoin is trading at $85,981, down 2.01%, after a strong dip to $81,500 before rebounding. The bulls are trying to reclaim momentum, but key resistance stands ahead.
Key Levels to Watch
🔺 Resistance: $87,750 – A breakout here could drive BTC toward $90,600 and $92,500
🔻 Support: $81,500 – Losing this level may see BTC slide to $78,200 and $76,300
Market Insights
MACD: Recovering from deep bearish pressure
Parabolic SAR: Suggests a short-term reversal attempt
Volume: Increasing, indicating rising volatility
🎯 Trade Setup – What's Next?
Long Entry: Above $87,750, targeting $90,600 and $92,500
Short Entry: Below $81,500, looking for $78,200 and $76,300
Stop-Loss: $84,200 to manage risk
BTC is testing a crucial zone. If it reclaims resistance, expect a strong bullish run; if rejected, more downside pressure is likely....