$BTC update:

Price has now visited the 85.6–86.6 gap zone as anticipated.
A reversal formation is developing on the 15-minute timeframe.
The upside scenario still remains valid at this stage. #BTC

$BTC On Monday, price attempted a move above the previous week’s high but failed to enter the gap zone (90–92).

The pullback was accompanied by declining open interest, signaling the closure of short positions opened during the Asian and European sessions.

Currently, open interest is increasing while price trades at the upper boundary of the gap (85.6–86.7), formed during Trump’s speech last Thursday. This behavior supports a long-bias scenario.

Risk: Deeper move into the HTF order block (80–73, midpoint 77)

Upside levels: Gap (90–92) → 94 → Gap (95–101)
#BTC #pullback #bitcoin
{spot}(BTCUSDT)

Potential Scenarios:

• Bullish scenario:

If price holds above the key zone and market conditions remain supportive, continuation toward higher levels may be considered.

• Risk scenario:

Failure to hold the key zone may shift focus toward lower higher-timeframe levels.