☀️ Morning review of $BTC: Calm before the storm?

Good morning, traders! While you were sipping your coffee, $BTC has been stuck in a narrow range. Let’s look at the chart (4H) and figure out what to do.

What we see right now:

1. Price is stuck around $84,041, caught between the MA(7) at $83,345 and the MA(25) at $83,996. This is the equilibrium zone.

2. Volumes have dropped (1.89K vs. average 2.61K). The market is holding its breath and gathering strength.

3. RSI is in neutral territory (around 52-59%), showing neither overbought nor oversold conditions. Plenty of room to move in either direction.

Key levels to watch today:

📈 Resistance: $87,395 (recent high). If we break and close above it, we’re heading higher.

📉 Support: $81,370 (this is the MA99 on the chart). This is our “lifeline.” If we drop here, it’s an excellent entry point for a long.

⚠️ My morning plan:

I’m not opening any trades right now while price is stagnant. I’m waiting for either a breakout above $84,400 or a pullback to $81,500 to enter with a tight stop.

👇 What do you think—will $BTC break above the upper boundary today or head for a correction? Vote 🔥 for upside or 🐻 for downside in the comments!

(Click on $BTC to view the real-time chart)

#btc #Bitcoin rally halted until $85,000 #Macroanalysis

NFA. This is not financial advice. DYOR.