Bitcoin (BTC/USD) 1H Chart Update!
Current Price: 85,554
Market Insight: BTC is retracing after a strong bullish move—watching key demand zones for a potential bounce!
Key Levels to Watch:
Resistance: 86,840 – 87,000
Support Zones:
84,667 – 84,864 First retracement level
83,575 – 84,074 Major demand zone
82,260 – 82,475 Deeper liquidity grab
Bullish Outlook:
BTC could rebound from 84,667 towards 86,800+.
A breakout above 86,840 could push BTC to 88,000+.
Bearish Scenario:
Losing 84,667 may trigger a drop to 83,575.
Further weakness could lead BTC to test 82,260.
Trade Idea:
Short below 84,667, target 83,575, SL 85,000.
🟢 Long from 83,575 – 84,074, target 86,000, SL 83,300.
Stay cautious—volatility ahead!
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