$BTC Weekend outlook;
Good morning Fam;
#BTC has been in a corrective phase from the $97K rejection, and interestingly this pullback started last Saturday and has extended into this weekend.
✍ Historically, such extended weekend sell-offs often lead to relief bounces or short squeezes once selling pressure weakens.
Technical Observations:
✔Price is currently holding the $88.5K–$89K demand zone, which has acted as a short-term base.
✔ RSI on H4 is stabilizing around the mid-40s to 50, showing loss of bearish momentum.
✔ MACD histogram is improving, signaling a potential momentum shift.
✔ Multiple EMAs above price suggest resistance, but also define clear upside targets if reclaimed.
✍ Bullish scenario:
A clean hold above $88.5K
Break and close above $90.5K
Targeting liquidity above $91K, with extension toward $92K–$93K if momentum builds
✍Bearish invalidation:
Loss of $88K support
Deeper pullback toward $87.2K lows
Bias:
➡️ Cautious Long
➡️ Best for disciplined entries, not FOMO
➡️ Proper risk management is key (this is not financial advice)
Markets don’t move in straight lines—but after a full week of downside, patience may finally start paying.
Once BTC starts rising, automatically even $ETH and $SOL will rise too.
