:
📢 $BTC BTC Market Update
Bitcoin ~ $86.4K, below the $88 K support zone → bullish scenario (95–99 K) is off for now.
The bounce up to ~$91–92 K in late Nov looks like a short-term relief rally — not a trend reversal.
Failure to hold $88 K now puts lower targets back on the table: ~ $77 K, possibly down to ~ $72 K (your “green-box” accumulation zone).
I’m not adding new spot positions until price approaches ~ $72 K — that’s where risk/reward looks more favorable.
My short from ~ $118 K is still open — I’m watching for further weakness before considering cover.
⚠️ Conclusion: Market structure
Bitcoin ~ $86.4K, below the $88 K support zone → bullish scenario (95–99 K) is off for now.
The bounce up to ~$91–92 K in late Nov looks like a short-term relief rally — not a trend reversal.
Failure to hold $88 K now puts lower targets back on the table: ~ $77 K, possibly down to ~ $72 K (your “green-box” accumulation zone).
I’m not adding new spot positions until price approaches ~ $72 K — that’s where risk/reward looks more favorable.
My short from ~ $118 K is still open — I’m watching for further weakness before considering cover.
⚠️ Conclusion: Market structure
BTC-0.34%
