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BTC/USD Analysis & Trading Update
Bitcoin is testing key resistance levels at the moment. There's a solid possibility we could see a pullback and consolidation phase in the near term. That said, I'm maintaining my long position established from the range lows around $86,500. Current stop loss sits at $86,900 to manage downside risk. The structure suggests we need to watch how price behaves at these resistance zones—a break above would be bullish, while a rejection could trigger the correction traders are anticipating.