BTCUSD
After a strong impulsive rally from the HTF demand zone (~86.8K), BTC transitioned into consolidation while respecting trend support. Multiple reactions from the trendline (purple circles) confirm buyer presence. However, upside progress is slowing as price meets heavy sell-side liquidity and supply overhead, increasing the probability of either a breakout or a rejection.

Key Scenarios

✅ Bullish Case 🚀
Continuation is valid only if price accepts above the major supply zone with strong candles and volume.
🎯 Target 1: 90,300
🎯 Target 2: 91,000
🎯 Target 3: 92,000

❌ Bearish Case 📉
Failure to break supply + loss of trendline support signals a pullback.
🎯 Downside Target 1: 88,000
🎯 Downside Target 2: 86,800 (HTF Demand)

Current Levels to Watch

Resistance 🔴: 89,200 – 90,300
Support 🟢: 88,000 – 86,800

⚠️ Disclaimer: This analysis is for educational purposes only. Not financial advice.

$BTC

BTC
BTC
89,680.27
+0.96%