BTC is indeed approaching the daily time frame (TF) resistance area. Currently, the price is around $87,452.99, with a high of $88,539.63 and a low of $86,310.00 ¹.
The resistance zone is around $93,300-$89,200, and if BTC breaks through this zone, it's expected to continue rising, potentially reaching $95,000 ². However, if it falls below $85,200 before hitting the resistance zone, further declines can be expected ².
It's essential to keep an eye on the price movement and adjust your trading strategy accordingly. Some analysts suggest that if BTC pulls back to the $86,500-$85,500 area, it might be a good opportunity to go long .