🚀💥 BITCOIN'S NEXT MOVE: WILL $85K FALL? 🔥 CONSOLIDATION PHASE AFTER STRONG BREAKOUT! 📈
Market Insights: 🔍
Bitcoin is consolidating around $84,358 after a strong breakout. Liquidity has been tapped at $85K, leading to some selling pressure. 🔎
Key Indicators: 🔑
1. *Change of Character (CHoCH):* Confirmed a shift in momentum.
2. *Fair Value Gaps (FVGs):* $83K holding as support.
3. *Sell Liquidity ($$$):* Tapped – potential for a retrace before continuation.
Trade Setup: 📊
1. *Entry Zone:* $83,500 - $84,000 (retest of FVGs)
2. *Target 1:* $85,000
3. *Target 2:* $87,000
4. *Stop Loss:* $82,500
Pro Tip: 💡
If BTC holds above $83K, expect another breakout towards $85K+. Losing this level could lead to a deeper retrace into the demand zone.
The Question on Everyone's Mind: 🤔
Will BTC push past $85K? Share your thoughts! Let's discuss! 💬
