Here’s how I see the current BTC setup on the 1H timeframe:
• Price has reached a key Higher Low level around $86,800 — an important zone for potential structural reversal.
• If BTC breaks above this level and closes confidently, it would signal a structure break to the upside.
• After confirmation, I expect a correction that could provide a long entry toward the $90,000 target zone.
• Invalidation comes if price drops below the local corrective low.
My view:
BTC is showing early signs of strength, but confirmation above $86,800 is crucial. I’m watching for a clean retest before looking for a long setup.
BTC
90,259.87
-2.94%