BTC was shaken out yesterday by favorable PCE news.
The current market is hovering around 89,000, waiting to choose a direction. Upside resistance levels are at 89,750 and 90,460, with support below at 88,000. If it breaks, look for long opportunities at 87,000-86,300, with a stop loss at 86,000 and take profit at 88,000-88,600. If it breaks below 86,000, the bearish trend will continue to 85,500 for long entries, stop loss at 85,200, and take profit at 86,200$BTC
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BTC was shaken out yesterday by favorable PCE news.
The current market is hovering around 89,000, waiting to choose a direction.
Upside resistance levels are at 89,750 and 90,460, with support below at 88,000. If it breaks, look for long opportunities at 87,000-86,300, with a stop loss at 86,000 and take profit at 88,000-88,600.
If it breaks below 86,000, the bearish trend will continue to 85,500 for long entries, stop loss at 85,200, and take profit at 86,200$BTC