#Bitcoin is struggling to reclaim key support, keeping pressure on the downside.
BTC has now rejected multiple times from $87.8K (Monday Low), with every recent 4H candle closing below it.
This keeps the door open for a retest of the $85K area, unless we see a strong reclaim of $88.6K (Weekly Open) to invalidate the setup.
With the holiday period likely to bring lower trading volume, I’ll be watching for clean setups from key levels on both sides.
Keep in mind that U.S. job data drops today, which could be the main volatility driver before Christmas.
BTC
87,491.18
+0.27%