#BTCRebound Bitcoin has just exploded past $87,000, printing a huge green candle — up +2.53% in a single move! This breakout from the consolidation range of $83K–$85K is big, and the bulls are back in town.
What's happening?:
• Rocket breakout: BTC surged from $84K to $87.6K with strength — a clear bullish breakout.
• RSI alert: RSI(6) is at 84.52 — overbought territory, but in phases of strong momentum, the RSI can stay high during extended runs.
• Volume spike: This move is backed by serious buying volume — no deception here.
What's next?
• If BTC stays above $86.5K, the next resistance is near $88.8K–$89K. A clean breakout could quickly push us into the $90K+ territory.
• If BTC drops, $85.8K is the key support to watch for a bounce.
How to make money?:
1. Breakout traders: Consider entering on a re-test of $86.5K–$86.8K with a stop-loss around $85K.
2. Scalping idea: Trade within the range between $86.8K and $87.8K if BTC stalls in the short term.
3. Swing play: If BTC confirms above $88K, ride it to $90K+ with adjusted risk.
Pro tip: Momentum is hot — don't panic. Be smart, set alerts, and use tight risk management.
Leave a comment — Will BTC reach $90K this week?
Let's surf the wave together!