📊 $BTC /USDT – Current Market Update & Trade Plan
Bitcoin is currently trading around $88K, showing a recovery after a sharp dip. Price is consolidating near a key intraday resistance, which makes this zone critical for the next move.
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🔑 Key Levels to Watch
• Support: $87,200 – $86,800
• Major Support: $86,000
• Resistance: $88,800 – $89,200
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🟢 SPOT OUTLOOK
Bias: Cautiously bullish while above $86K
• Spot holding above support indicates buyers are still active.
• Best strategy is buy on dips, not chasing pumps.
📌 Spot Plan:
• Accumulate near $87K–$86.8K
• Invalidation if daily close < $86K
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🔵 FUTURES – QUICK LONG (Intraday)
Entry: $87,600 – $87,900
Stop-Loss: $86,950
Targets:
• $88,500
• $88,900
📌 Reason: Higher lows after bounce + recovery volume → short-term momentum favors upside.
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🔴 FUTURES – SHORT SCENARIO (Conditional)
⚠️ Only if BTC breaks and holds below $86,800
Short Entry: $86,700 – $86,500
Stop-Loss: $87,300
Targets:
• $85,800
• $85,000
📌 Reason: Loss of key support flips structure bearish and opens liquidity below.
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🧠 Final View
• Above $86K → market remains stable, dips are buyable
• Below $86K → bearish continuation likely
• Expect volatility near $88.8K–$89K resistance
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👇 What’s your bias from here?
Bullish continuation or another rejection?
(Not financial advice. Trade with proper risk management.) 🔥
#BTC #Bitcoin #BTCUSDT #CryptoMarket #TradingView
