Bitcoin’s sitting in a major demand zone right now, which could really affect its next big move. If it drops below, we might see more declines. But if it holds, we could bounce back toward the mid-range resistance. Only if it breaks that resistance will we see higher targets.
Looks like BTC's holding strong around $86K. This demand zone seems solid; it hasn't dropped below yet. I think it could bounce towards $100K if it stays stable. But who knows? It might also slide down to $74K if it fails. Just gotta keep an eye on it since the market can swing so fast.
Just saw on Coinglass that there’s some heavy long liquidation right above $90K. That’s usually a sign something's cooking there. After this boring consolidation, I bet BTC will push up to grab that liquidity before dropping again. Sellers are still in charge, though, and the $75K area seems likely to get tested soon.
DCA is definitely the way to go right now. Plus, trading those trending new tokens with good risk management? It’s a must, especially with exchange rewards out there. Totally makes sense during times like this.