📉
$BTC BTC Update: Testing Key Support After Rejection
Price: $87,282 | ₹2.44 Cr | +1.66% (24h)
Bitcoin is at a critical juncture after being rejected from the $88,176 resistance.
📍 KEY LEVELS TO WATCH:
· Support: $85,266 (24h low) → Must Hold
· Resistance: $88,176 → Break needed for upside
· Next Major Resistance: $98,383
📊 CHART CONTEXT:
· Trading below the daily trendline from the November highs
· Volume is steady but not surging—lack of strong buying pressure
· RSI likely in neutral zone—no extreme oversold/overbought signal
🔍 WHAT THIS MEANS:
If $85,266** breaks, we could see a deeper pullback toward **$80,600–$78,320**.
If **$88,176 breaks with volume, the path opens toward $98,383.
🎯 MY TAKE:
I’m watching $85,266 as the line in the sand.
Hold = potential bounce.
Break = prepare for deeper correction.
👇 YOUR MOVE?
🟢 Buying the dip at support
🔴 Shorting if $85,266 breaks
🟡 Waiting for clearer direction
Follow for disciplined level-based analysis.
Like if you’re watching these levels with me.
#tradingview #support #resistance #CryptoAnalysis #TradingAlert