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$BTC really just did that and left everyone hanging.
That rejection at $89.5k was way more aggressive than I expected. We just wiped out a whole day's worth of gains in a single hourly candle.
Right now we’re hovering just above the $86.6k support. It's a bit of a "do or die" spot because if this level snaps, we’re likely heading straight for $84k to fill that gap.
I’m sitting on my hands for a minute to see if we get a bounce or if the bears are just getting started.
#BTCMarketAnalysis