btc90k

On Nov 13, 2024, 14:32 PM (UTC), according to Binance Market Data, Bitcoin (BTC) crossed the 90,000 USDT benchmark and is now trading at 90,220.023438 USDT, with a narrowed 5.52% increase in 24 hours.

Hello, I hope all my followers are well. Well, I want to share your technical knowledge with you. Some people have been talking for a few days that BTC will reach 70kor 60k. The bear flag pattern has formed. The sanding triangle pattern has formed. The market has started in the bear market. If these people's minds are well-founded and all the history that has been repeated is back-tested, nothing will happen, my brother.Well, those who are altcoin lovers and they are worried about the fact that if people see it, whether it is TikTok, whether it is YouTube, whether it is Facebook, everyone is talking about the fact that Beauty Sea will crash, Beauty Sea has started in the bear market, BTC will go to 70k, BTC to 65k, some people even talk about 50k.Look, man, you can see here that the market is making higher highs and higher lows.And you can see that the market has not yet broken its first-ever higher low.The first thing is that the market's bear run will not start until the market breaks its higher low and if we look at it from the SMC perspective, I am writing to tell you that the market will set its next higher high, which is forming an area of 128,000.Well, the first thing is that it has happened. The second thing you can see in this picture is that the market has taken support at the trend line four times. If we look at it from the perspective of ICT, then Michael my respected teacher, says that when the market is taking support at the trend line repeatedly and the market is in an uptrend,So if the market breaks this trend line, it is just a trap. It only traps people. It traps the trader with the trend line. It is just a liquidity.Right now, I want to tell these 70,000 and 60,000 traders that if the market has broken the trend line, it means that the market trend has changed and the market has started to bearish.Now I will tell you that the market will reclaim this trend line. The market will blow away all the liquidity of this trend line, the rising wedge and the channel pattern, which is on the upside, and I will write this down for you 100 percent.Because the liquidity on the upside of the trend line also has to be swept. Traders with the rising wedge pattern will also be swept. After that, traders with the channel pattern will also be swept. After that, I also tell those who misuse SMC that the market will set its next higher high, which is the area of 128,000.InshaAllah, when the time comes, I will share the post with you again and then you will know whether the market has gone down or up.#bitcoin #ETHETFsApproved #btc90k #BTC走势分析

Following a sharp $4,000 decline on December 17, Bitcoin finds itself at a critical juncture as traders assess whether the cryptocurrency can mount a recovery above $90,000 ahead of the holiday period, or if further downside awaits.
Current Technical Picture
Bitcoin is currently trading in a consolidation pattern, with overhead resistance established around the $96,800 to $100,100 range. Multiple attempts to break higher have been rejected at these levels, indicating supply pressure remains elevated.
Momentum indicators paint a cautious picture. The Relative Strength Index (RSI) is hovering in the low-40s territory—a zone that signals ongoing bearish pressure while stopping short of oversold conditions that typically precede sharp reversals. Recent candle formations show limited follow-through on upside attempts, suggesting buyer conviction remains weak amid broader market uncertainty.

Critical Levels to Watch
Support zones:
Primary: $85,000–$84,000 (must hold to maintain current structure)
Secondary: $80,600 (exposed on a daily close below primary support)
Resistance zones:
Immediate: $90,200 (decisive reclaim needed to shift momentum)
Major: $96,800–$100,100 (previous rejection zone)
Macro Catalyst: CPI Data
The upcoming US Consumer Price Index release represents the most significant near-term catalyst. Market positioning suggests Bitcoin's ability to reclaim $90,000 before Christmas depends heavily on this inflation print. A cooler-than-expected reading could provide the catalyst needed for bulls to recapture lost ground and challenge resistance levels.
Conversely, sticky or elevated inflation data would likely reinforce the Federal Reserve's cautious stance on monetary policy, potentially triggering further risk-off sentiment across digital assets.

Outlook
Bitcoin's current position reflects a market in equilibrium between competing forces: technical damage from recent selling versus potential for year-end positioning and macro relief.
Bullish scenario: A soft CPI print combined with a decisive daily close above $90,200 would repair technical damage and open a path toward retesting the $96,800–$100,100 resistance zone.
Bearish scenario: Failure to reclaim $85,000 support, particularly on deteriorating momentum, would expose the $80,600 level and potentially trigger a deeper correction into year-end.
The next 7-10 days will likely determine Bitcoin's trajectory heading into 2026, with price action increasingly driven by macro data rather than crypto-specific narratives.
$BTC
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