As discussed earlier, $BTC showing relative strength against stocks and metals was a clear sign of the market preparing to move toward the key supply zone around 94K, as long as 89K held as support, which it did. We are now tapping 94K once again, and the main question is whether this level will break this time, as it stands as a major structural area and price has approached it very cleanly. My trade setups will only form after clarity and acceptance above this zone, and I’ll keep you updated accordingly. For now, 90K–89K remains the key support in case of rejection, while a sustainable breakout would require some consolidation around this level before the next impulse move, as direct breakouts usually doesn't ends well.
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