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FM FX
$BTC Sitting at its big $83K level for the past few days.
The longer we sit here, the bigger the risk it falls through. Bulls need to get this going because a rejection below would make things look quite ugly after that May High sweep.
Trend is up, no doubt. But you need to keep seeing strength even in these smaller drawdowns.
$BTC looks like it’s setting up for another squeeze.
A push into $84K could come first, followed by a sweep toward the $79K volume node.
Hold $82K–83K and the dip could fuel a move into $87K–89K.
Bulls still have the structure.
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