#BTC86kJPShock Signals Indicating an Imminent Bitcoin Rally

Brief Summary: Bitcoin is trading around \$92–93k after a recent recovery; the market remains volatile and key scenarios are a continuation of the rebound towards \$100k or a correction towards \$80k–\$86k. Below, I explain the context, scenarios for Binance and Square, and a chart with the recent evolution.

Context and Key Data

In recent sessions, the market showed a rally that brought Bitcoin close to \$92–93k, driven by institutional flows and macro expectations (recovery after a recent correction). The volume and dominance of Binance remain relevant: Binance maintains a high share of the spot market, making it a barometer of liquidity and large orders. Block (Square) has made progress in integrating Bitcoin payments via Lightning, increasing utility and demand in the medium term if adoption accelerates.

Quick Technical Analysis

- Recent Trend: sideways range with support around \$86k–\$90k and resistance at \$100k; volatility increased after the November correction, but the rebound suggests that long positions are being re-established and institutional capital is entering.

- Levels to Watch: key support \$80k–\$86k; immediate resistance \$95k–\$100k; a sustained breakout above \$100k would pave the way for new cycle highs, while a loss of \$86k could accelerate a correction towards \$70k–\$75k according to leveraged liquidation in the spot and derivatives market.

Probable Scenarios (short to medium term)

1. Bullish Scenario (likely if liquidity is maintained): continuation of the rally with a breakout of \$95k and initial target \$100k; catalysts: inflows into ETFs/ETPs, payment adoption (Square), and expectations of more accommodative monetary policy.

2. Sideways/Neutral Scenario: consolidation between \$86k and \$95k while leverage decreases; the market awaits macro news and on-chain data to decide direction.

3. Bearish Scenario (risk): failure$BTC