⚠️ BTC Testing Trend Resistance – Breakout or Fakeout?
$BTC: $84,670 (+1.55%)
Bitcoin is climbing steadily, testing key resistance near $84.7K–$88.8K. Price action is smooth and gradual—hinting at a potential liquidity hunt. But is there enough momentum for a breakout?
Key Observations:
W1 shows consolidation: short bodies, long wicks = indecision
No major bullish fundamentals this week
90-day relief from Trump adds technical breathing room
Rising geopolitical tension + China risk = crypto seen as volatile
Rate cut rumors could support upside
Levels to Watch:
Resistance: $84,700 / $88,800
Support: $78,200 / $73K–$74K / $66,500
Verdict: A breakout above $88.8K with consolidation = bullish. Until then, remain cautious—fakeouts possible.
Trade smart, stay sharp.#BTCRebound