Bitcoin just shook the entire market with a sharp rebound from the $86,824 demand zone and is now holding above all key short term EMAs. That violent green candle was not luck. It was forced buying after a deep liquidity sweep that trapped late shorts. The structure on 1H now shows a clean break back into bullish territory with strong continuation potential if this base holds.
The EMAs are perfectly stacked, price is reclaiming $89K, and sellers are clearly exhausted. This is the type of move that usually comes before a new leg higher, not a random bounce.
EP: $BTC at $88,600 – $89,100
TP: $90,200 → $91,500 → $93,000
SL: below $87,200
BTC
89,237.62
+1.62%
remains bullish above $87K and every pullback into the $88K zone is a buy opportunity while momentum stays intact