BTC is playing for time… yet major clues are already visible!
Thanks to this chart based on the orderbooks (heatmap), here’s a simple and strategic reading:
1. Strong resistance at $88,000
A large concentration of limit sell orders is building up here. It’s a blocking zone that BTC must break through to target $90,000.
2. Strong support zone around $80,000
Buyers are heavily positioned here. It’s a level defended by the bulls.
3. BTC is currently moving between 85K and 86K
This indicates a consolidation phase. No clear direction until a breakout occurs.
Strategy to consider:
Bullish breakout: Break + pullback above 88K = clean entry point
Bearish rejection: Pullback to 80K = potential bounce to watch
In the meantime? Patience. Let the market absorb the sell orders below 90K.
Reading orderbooks is like reading the whales’ minds.
And believe me they always leave traces.