#btc

Bitcoin hits 87k that's a classic divergence signal. Price moving up while volume fades often means the move's running out of steam, and you're right — a retracement to $70K could be very much in play.

Let’s unpack what might be happening here:

📉 What This Means

Rising Price, Falling Volume = Weakening buyer momentum.

$87K likely acted as a psychological + technical resistance.

If selling pressure kicks in, and there's no strong volume to support current levels, we could see a sharp correction.

🔍 Key Levels to Watch

$87K — immediate resistance

$82K-$80K — minor support zone

$70K — major support + possible bounce zone

Below $70K — risk of cascading liquidations

📊 Why a Drop Could Happen

Smart money exiting while retail FOMO buys tops

Declining volume divergence

Over-leveraged longs — a sharp move down would liquidate weak hands

Macro sentiment — Powell/Fed drama, global uncertainty, risk-off moves in traditional markets