⚠️ BTC at Critical Juncture: $86K Amid Extreme Fear
The Fear & Greed Index has plunged to 17 (Extreme Fear). While panic often precedes bounces, price structure remains weak.
Key Battle Lines:
▪️ Support: $86K-$85K (Now) → $83K-$82K (Strong) → $80K (Major)
▪️ Resistance: $88K-$89K (Must Reclaim) → $90K → $92K-$93K
What’s Next?
▫️ Breakdown: Loss of $85K targets $82K-$80K.
▫️ Bounce: Hold $85K & flip $88K to challenge $90K.
Bottom Line: Extreme fear brings volatility. Watch for a clean reclaim of $88K+ for bullish confirmation. Until then, the bias is risk-off.
BTC
87,989.45
+1.28%