$BTC Bitcoin Consolidation: What’s Next for $BTC ?
#Bitcoin is currently trading at $84,206 (-1.87%), showing signs of consolidation between key levels. With a 24h high of $86,500 and a low of $83,674, BTC is at a make-or-break point for its next big move!
Key Levels to Watch:
Resistance: $86,500 – A breakout above this level could push BTC toward $88K+
Support: $83,674 – Losing this level could trigger a drop to $82K
Technical Outlook:
MA(5,10,20) are converging, signaling potential volatility ahead
RSI ~45-48, showing neutral momentum—waiting for confirmation
Volume remains low, suggesting a wait-and-see approach from traders
With macro uncertainty and upcoming Fed decisions, Bitcoin traders should stay vigilant! Will BTC break higher or revisit lower supports? Drop your thoughts below ..
Trade here on $BTC
BTC
84,010.87
-1.51%
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I expect a serious drop, probably as it happens after every injury. Just as it fell from 65,000 to 15 thousand before, it is now likely to be around 35-40,000 around May-June.