BTC/USD – 2H Technical Update
Bitcoin is currently trading around 90,900, compressing inside a descending resistance and ascending support, forming a symmetrical triangle on the 2H timeframe.
This structure signals volatility expansion ahead as price approaches the apex.
Key Levels to Watch:
• Support: 90,200 – 90,000 (ascending trendline)
• Resistance: 91,200 – 91,500 (descending trendline)
• Bullish Scenario: Clean breakout and close above resistance could push price toward 92,500 → 94,000
• Bearish Scenario: Breakdown below support may open downside toward 89,000 → 88,500
Bias: Neutral until breakout. Wait for confirmation and volume before entering.
Patience pays in compression zones.
