🚨 BITCOIN BEFORE THE BELL: $87,700 IS THE KEY! 📉📈
Minutes remain before Wall Street opens, and Bitcoin has just regained ground up to $87,774. After a night of doubts, buyers have appeared strongly just before the start of the session in New York.
Flash Analysis (Pre-Opening):
Confirmed Bounce: The support at $86k held perfectly. The fact that we are at $87,774 right now suggests that Wall Street is coming with the intention to "buy the dip" after the noise from Japan.
The Battle of $88,000: If in the first 15 minutes of the session we break and consolidate above $88k, the next target is $90,500. If we are rejected, we will test the base of $87k again.
The Eye on the FED: Remember that several members of the Federal Reserve are speaking today. Volatility is guaranteed. Institutions are looking for liquidity, and this small "pump" before the opening could be the signal of a busy day.
The Supply Shock continues its course:
Despite the volatility, reserves on exchanges are not increasing. The Bitcoin being bought now at $87,774 is going directly to cold wallets. As Saylor would say: "The supply is evaporating".
💡 My Strategy: Pay attention to the volume in the first minute. If the price jumps above $88k with solid green candles, the "Japan trap" will have ended.
📢 Question: Do we see $90,000 today or do you think Wall Street has a bearish surprise in store for us? Comment below! 👇
#BTC #WallStreet #TradingNews #CryptoAlert #OpeningBell $BTC
