BTC's been slowly climbing on shorter timeframes, but there's a wall at 87k that it just can't punch through yet. The real test is coming when traditional markets open – that's when we'll see if bulls have any fuel left or if we're about to see another rejection.
Right now, watch 86.3k as your safety net. If that cracks, things could get messy fast. On the flip side, the 10-period exponential moving average sits around 89k, which lines up with that descending trendline resistance everyone's been watching. Break above that zone and we might finally get some breathing room.
The next few hours should tell us everything we need to know about where this thing's heading.
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Bitcoin's Been Creeping Up – What's Next?
BTC's been slowly climbing on shorter timeframes, but there's a wall at 87k that it just can't punch through yet. The real test is coming when traditional markets open – that's when we'll see if bulls have any fuel left or if we're about to see another rejection.
Right now, watch 86.3k as your safety net. If that cracks, things could get messy fast. On the flip side, the 10-period exponential moving average sits around 89k, which lines up with that descending trendline resistance everyone's been watching. Break above that zone and we might finally get some breathing room.
The next few hours should tell us everything we need to know about where this thing's heading.