🚨 $BTC: Bullish Confirmation or Final Liquidity Grab? Key Levels to Watch!
I'm closely watching the $BTC price action after the recent stability around the $90,000 psychological support level. The market seems to be consolidating, but we need a clear move above the previous local high to confirm a sustained push toward the recent highs.
My current thesis:
Bullish Scenario: A strong candle close above $91,500 opens the door for a quick move to test the $92,500 resistance. A breakthrough there is significant.
Bearish Scenario: A drop and daily close below $89,800 would signal weakness and could see us test the next major support zone around $88,000..
What I'm doing: I'm staying patient and waiting for confirmation above $91,500 before initiating a long trade.
What are your thoughts on $BTC's next move? Are we consolidating for a push higher? 👇
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