$BTC Bitcoin (BTC) is booming, approaching $85,000! The US CPI exceeded expectations, Ukraine has a 30-day ceasefire, and Canada has canceled a 25% electricity tax. Market confidence is soaring, and the price has risen 5.3% to $84,000, but the pressure is high! š
What's going on?
Positive drivers: Strong CPI, stable ceasefire, good trade, buyers are excited! $75 million in Frankfurt in 24 hours, equivalent to $60 million, with an offensive of $15 million, and open interest increased by 6% to $49.8 billion!
Resistance levels: Peak at $85,309, currently at $84,000, resistance between $84,205 - $86,704! If it breaks $90,000, it could surge to $95,000, but buying pressure weakens at $79,974! Long/short ratio is 0.67, and traders' bearish sentiment is rising! š