๐ BTC BREAKS THROUGH $86,000 โ Where is it heading next?
Today Bitcoin hit $86,000, its highest level since January. More than $648M in short positions were wiped out from the market in what was a clear short squeeze.
๐น The good: It broke a key 90-day resistance level with strong volume
๐น What to watch out for: The price is already in an overbought zone โ we could see a pullback to take liquidity
๐น Key levels to watch:
โ
- Immediate support: $82,000 โ $83,000
โ
- Next target: $90,000 if it maintains momentum
Donโt buy blindly. If you enter now, set a clear stop loss. Are you buying or waiting for a correction? ๐
#Bitcoin
#BTC #Trading #Criptomonedas
Today Bitcoin hit $86,000, its highest level since January. More than $648M in short positions were wiped out from the market in what was a clear short squeeze.
๐น The good: It broke a key 90-day resistance level with strong volume
๐น What to watch out for: The price is already in an overbought zone โ we could see a pullback to take liquidity
๐น Key levels to watch:
โ
- Immediate support: $82,000 โ $83,000
โ
- Next target: $90,000 if it maintains momentum
Donโt buy blindly. If you enter now, set a clear stop loss. Are you buying or waiting for a correction? ๐
#Bitcoin
#BTC #Trading #Criptomonedas
