#大户持仓变化 Bitcoin has recently been hovering around that old range—85,000 to 86,000. Honestly, there’s definitely something here: the November low is holding at this level, plus the long-term trend line is also supporting it. The double support stacked together, no wonder the market is reacting.
This morning, it surged about 3%, reaching near 88,000 before starting to pull back. So far, the increase is only about 1.8%. But the key point is that this support level hasn’t broken, which is reassuring for the bulls.
For short-term trading ideas, consider operating within the 87,250-86,700 range. If holding steady, keep an eye on the 89,000-90,000 zone above. Whether $BTC can push higher depends on trading volume. $ETH and $BNB are more follow-along assets; usually, when $BTC moves, they tend to follow.
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FloorPriceNightmare
· 12-17 02:50
Still dithering here, it seems like it's only interesting to hold until 89,000.
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ser_ngmi
· 12-17 02:42
It's the same position again. Come on, what's the use of support levels? Breaking below is the real deal.
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AlphaLeaker
· 12-17 02:31
Pulling back and forth at this position again and again, so annoying. When will it finally break through?
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TommyTeacher1
· 12-17 02:25
The double support hasn't broken yet, so it's a bit interesting. I'm just worried it might be a false alarm again.
#大户持仓变化 Bitcoin has recently been hovering around that old range—85,000 to 86,000. Honestly, there’s definitely something here: the November low is holding at this level, plus the long-term trend line is also supporting it. The double support stacked together, no wonder the market is reacting.
This morning, it surged about 3%, reaching near 88,000 before starting to pull back. So far, the increase is only about 1.8%. But the key point is that this support level hasn’t broken, which is reassuring for the bulls.
For short-term trading ideas, consider operating within the 87,250-86,700 range. If holding steady, keep an eye on the 89,000-90,000 zone above. Whether $BTC can push higher depends on trading volume. $ETH and $BNB are more follow-along assets; usually, when $BTC moves, they tend to follow.