#BTCRebound

#BTCRebound $BTC Warning at the Peak❓Rejection Detected Near $86,000❗#bitcoin just marked a new local peak at 86,000 $ but was heavily rejected, forming a strong upper wick, signaling hesitation from the bulls at this level. It is now pulling back slightly towards support.

Current Price: 84,923.49 $ (+2.02%)

High in 24H: $86,100.00

Low in 24H: $82,792.95

Volume: 20,174 BTC

Technical Overview:

StochRSI: 29.45 – approaching oversold territory

MASTOCHRSI: 48.49 – showing early signs of potential rebound

RSI(6): 44.87 – neutral, leaning bearish

To Watch:

If BTC stays above $84,400, it could stabilize and attempt another breakout. However, failure to maintain this level could open the door for declines towards 83,400 $ or even $82,500.

Trading Plan:

Aggressive short-term traders may look for scalp opportunities, while medium-term bulls should wait for confirmation above 85,300 $ before reloading.

Quick Recommendation: Volume remains healthy, so if buyers return above $85,000, BTC could make another run. But until then, play it safe, bulls are catching their breath.$BTC