$BTC — Bullish Reversal Structure Taking Shape
Bitcoin is trading within an ascending structure, with the chart clearly printing higher lows along a rising trendline. Price recently faced rejection near the mid-range and is now likely to retrace toward the 89,200–90,000 support zone — a level where buyers have repeatedly stepped in before.
If this demand area holds once again, the next impulsive move could be strong, opening the path toward 94,000 → 96,000, as projected.
Key observations:
Ascending trendline remains intact
Strong bullish reactions from the same demand zone
Higher-low formation suggests continuation to the upside
As long as buyers defend the 89k region, the probability of a bullish breakout stays high. Momentum currently leans upward, with the structure remaining positive unless the trendline is lost.
