The early session saw Bitcoin surge to 90,373, followed by a pullback, with the lowest point touching around 86,760. Notably, the price did not further decline at this key support level of 86,760, but instead showed some resilience, indicating a potential short-term rebound.
From a technical perspective, if the price can stabilize above the 86,800-86,500 range for a long position, the upper target could be around 88,500. Of course, market volatility is unpredictable, so trading should be approached with caution at these levels.
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GweiTooHigh
· 8h ago
86760, this critical level hasn't been broken. Interesting, is a rebound coming?
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MevWhisperer
· 8h ago
86760, this level really held up, not bad at all, waiting for a rebound.
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UnluckyLemur
· 8h ago
Position 86760 really held strong; it feels like there's still hope.
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ForkInTheRoad
· 8h ago
86760 is indeed resistant to decline at this level, but I will still wait and see if it can really stabilize before getting in.
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LuckyHashValue
· 8h ago
86760 is still a pretty tough hurdle; it looks a bit stable.
The early session saw Bitcoin surge to 90,373, followed by a pullback, with the lowest point touching around 86,760. Notably, the price did not further decline at this key support level of 86,760, but instead showed some resilience, indicating a potential short-term rebound.
From a technical perspective, if the price can stabilize above the 86,800-86,500 range for a long position, the upper target could be around 88,500. Of course, market volatility is unpredictable, so trading should be approached with caution at these levels.