$BTC USDT BITCOIN AT A TENSE CROSSROADS
BTCUSDT Perp 851769 083locked in a tight standoff near $87300 as the market coils ahead of US inflation data waiting for the next breakout trigger After a sharp sweep into $85250 buyers stepped in aggressively and forced a bounce showing demand defense at key support This sideways compression is classic precatalyst action
Trade Setup Range Play
Buy Zone $86350 $87500 accumulate during this consolidation range
TP1 $88600 first resistance 100hour SMA congestion zone
TP2 $90500 retest of daily highs psychological level
Stop Loss $84400 invalidation below the $84K support base
Why This Matters
Repeated bounces from 85K show strong buyer presence and long downside wicks hint at a developing shortterm bottom rather than a clean breakdown
Despite the recent pullback and volatility Bitcoin has not broken structurally lower buyers have been defending the critical zone
Macro remains in flux ETF flows recently saw heavy outflows weighing on BTC price and keeping sentiment cautious but liquidity compression sets up explosive moves once catalysts arrive
Bullish Catalyst Watch
A clean daily close above $87850 could flip the market into a renewed uptrend and unlock the push toward $90K targets
Thrilling Summary
$BTC is coiled and ready buyers defending lower supports while overhead resistance piles up
Accumulate $86350$87500
Targets $88600 $90500
Stop $84400
This tight range could explode fast once the next macro catalyst hits stay sharp🚀
