$BTC has now faced its 7th rejection at the $94K resistance since November 17, confirming this level as a serious supply zone. Given the extreme optimism and heavy over-leveraged long positioning across the market, a pullback was always a high-probability outcome.
๐ What Just Happened
Despite the rejection, $90.5K was successfully reclaimed after multiple resistance retests โ an important structural win. This level now flips into key support and should be closely watched on the first retest.
๐ High-Probability Long Scenarios
1๏ธโฃ Support Retest Long
โข Buy zone: $90K โ $89K
โข Logic: First retest of reclaimed support often triggers a bounce
โข As long as $90K holds, the broader bullish structure remains intact
2๏ธโฃ Break & Reclaim Long
โข Trigger: $94K reclaimed on 4H close
โข Upside target: $100K
โข Stronger confirmation comes with a 1D / 3D close above $94.5K
โข If confirmed, next major resistance sits around $108K โ $112K
๐ Short Bias?
No clean short setups at current levels. Shorts only become interesting if $90K support decisively fails, which would open the door for deeper corrective moves.
โ ๏ธ Bottom Line
$94K is the gatekeeper. Above it, Bitcoin enters price discovery acceleration. Below it, $90K remains the line bulls must defend to keep momentum alive.
Patience here pays. Let price confirm โ donโt chase. ๐๐ฅ
$ETH $XRP #WriteToEarnUpgrade #CPIWatch #CryptoPatience
