Bitcoin $BTC just hit $86K this weekend—and bulls are NERVOUS.
BTC dropped to $86,000 when CME futures opened Sunday . Classic weekend panic selling. The 100-week moving average at $87,145 is the line in the sand . We're sitting right on it.
Traders calling support at $86,300 crucial. Break that? We're looking at low $80s, maybe even a retest of $76,000 from April's tariff selloff.
What's killing momentum? Fed decision coming Jan. 28, odds of a rate cut sitting at just 2.8%. Trump's pushing for cuts but nobody's listening. Earnings season started and headwinds are piling up.
The good news? US spot ETFs pulled $1.5B in two days. Institutions are still buying while retail's freaking out.
Here's the test: hold $86K with volume or we drop. Simple as that.
Are you buying the dip or waiting for $80K?