#Bitcoin Analysis
$BTC is currently consolidating just below the $90,000 psychological resistance, showing signs of a potential "relief bounce" from the extreme fear zone.
🚀 BTC/USDT (Long Scalp)📊
Entry Zone: $89,450 – $89,850
TP 1: $91,650 (200 EMA Resistance)
TP 2: $92,700
TP 3: $94,300
SL: $87,400
Trend: Short-term neutral/sideways. BTC is now ranging between $88,500 and $91,700.
Risk: Be cautious of weekend low-volume "fakeouts." If BTC fails to hold $87,500 on a 4H close, the bullish thesis is invalidated and we may look for a deeper retest of $84k.
Happy weekends, #Binancians.
