🟠 $BTC /USDT: The King is Testing the Floor!
Bitcoin is currently at a critical junction. After a volatile slide, it’s hovering near the $85,500 – $86,000 zone, with bulls desperately trying to keep the "God Candle" dream alive from the recent $85,146 low.
🛡️ The "King's Guard" Plan
* Entry Zone: $85,800 – $86,500 (Buying the consolidation)
* Target 1 (TP1): $88,500 (Testing the local breakout level)
* Target 2 (TP2): $90,300 (Reclaiming the 24h high)
* Stop Loss (SL): $83,800 (Protecting against the "bear flag" trap)
📊 Why Watch This Chart?
* The Wick Fill: Every time BTC touches $85k, aggressive buyers are leaving long lower wicks a classic sign of strong demand at this level.
* Extreme Fear Contrarion: Sentiment has hit "Extreme Fear" (16/100), which historically signals that a relief rally might be closer than most think.
* Institutional Support: Spot ETFs are still absorbing millions in daily inflows, helping to build a "support floor" despite the retail panic.
The king isn't dethroned yet! A strong close above $87,500 will confirm the bottom is in. 🚀📈
