Bitcoin is currently trading around $89,960, holding above its recent breakout zone. The 1H chart shows a textbook bullish structure with higher highs and higher lows, supported by strong impulsive moves and shallow pullbacks.
🔹 Price aggressively bounced from the $88.6K–$88.8K region 🔹 Long lower wicks signal strong dip-buying pressure 🔹 Consolidation above support suggests continuation, not distribution
As long as BTC holds above $89K, the bias remains bullish. A clean break above $90.2K could open the door toward $91K+. Losing $88.6K would be the first warning sign of momentum shift.
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$BTC /USDT — Bulls in Control
Bitcoin is currently trading around $89,960, holding above its recent breakout zone. The 1H chart shows a textbook bullish structure with higher highs and higher lows, supported by strong impulsive moves and shallow pullbacks.
🔹 Price aggressively bounced from the $88.6K–$88.8K region
🔹 Long lower wicks signal strong dip-buying pressure
🔹 Consolidation above support suggests continuation, not distribution
Key Levels
Resistance: $90.2K – $90.5K
Support: $89K → $88.6K
As long as BTC holds above $89K, the bias remains bullish. A clean break above $90.2K could open the door toward $91K+. Losing $88.6K would be the first warning sign of momentum shift.