Why I think 86k is an easy target

The bears seem to think 78-80 is the main hurdle. If we cross that, some bears will enter long. There’s another cme gap and a ton of liquidity. Many bears will also change their stance if we pass 85k, which will happen.

Think about it, bears r bearish until they get scared and decide to switch long. Longs get complacent thinking we go to the moon when we pass 85k.

That seems to be the sweetspot target. Whether we dump or continue from there who knows. But 86k, that will likely get hit. Very few ppl think it’s likely or r even talking ab it. That is y I think market will go there. Too many retail bears think they have it all figured out.

Might as well enter long