Earlier we mentioned that Bitcoin $BTC is consolidating in the range of 83,000 to 86,000, breaking out in either direction. After a week of fluctuation, it broke through 86,000 this morning and has been climbing since, currently quoted at 87,600. No chasing now, let's consider a pullback.
Support below: 86,500 85,500 84,300.
Next resistance: 88,500-89,000, observe whether there is a breakthrough but unable to stabilize, if it happens then we can attempt again.
