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BTC 15-minute chart showing compression right now. Price is squeezed beneath that $86.7k to $87.0k supply ceiling while the rising support from $84k is still intact. We're basically sitting at a fork in the road.
If you're eyeing longs (though odds aren't great here): watch for a convincing break and candle close over $87.0k. If that happens, first resistance likely around $87.6k, then $88.3k becomes your next target.
The short setup looks way more probable at this stage. A rejection off current levels followed by a breakdown below the trendline would open downside.
Market's coiling up tight – whichever direction breaks first could move fast.