$BTC Technical Update
Price: ~89,180 USDT
24H Range: 86,891 – 89,440
Market Structure:-
BTC is trading in a range between 87K – 90K, forming higher lows, which signals short-term bullish strength. Price is consolidating near the highs, often a sign of potential expansion.
Key Levels to Watch:-
🔺 Resistance:
89,500 – 90,000 (major psychological zone)
91,500 – 92,000 (if breakout confirms)
🔻 Support:-
88,200 – 87,800 (intraday support)
86,800 – 87,000 (strong demand zone)
Volume Insight:-
Volume spikes near the lows show dip buying interest. No heavy sell volume yet, accumulation phase remains intact.
Bullish Scenario:-
Strong close above 90,000 with volume
Targets: 91,500 & 93,000
Bearish Scenario:-
Rejection from 90K
Breakdown below 88,200
Pullback toward 87,000
Market Outlook:
BTC is at a decision zone. A breakout or rejection from 90K will define the next move.
⚠️ Patience is key , wait for confirmation, don’t chase.
