Since December mid, the $89.5K level has rejected Bitcoin 4 times. Each push above swept liquidity, traded briefly, then failed to close, leaving big upper wicks.
We’ve been consolidating for weeks, which usually means a big move is coming.
A break in either direction likely triggers a squeeze.
This type of price action happens during low spot volume periods, where breakouts are futures-led and unreliable.
Once real volume steps in after the squeeze, moves tend to run hard, sidelined traders regret again.
Important downside level: lose $87K and a move back to $84K–$85K is very likely.
Short-term, I wouldn’t rule out a dip to that liquidity. If so, I’ll share strong buy setups with a potential push back toward $100K next month.
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$BTC range mid may get rejected again.
Since December mid, the $89.5K level has rejected Bitcoin 4 times. Each push above swept liquidity, traded briefly, then failed to close, leaving big upper wicks.
We’ve been consolidating for weeks, which usually means a big move is coming.
A break in either direction likely triggers a squeeze.
This type of price action happens during low spot volume periods, where breakouts are futures-led and unreliable.
Once real volume steps in after the squeeze, moves tend to run hard, sidelined traders regret again.
Important downside level: lose $87K and a move back to $84K–$85K is very likely.
Short-term, I wouldn’t rule out a dip to that liquidity. If so, I’ll share strong buy setups with a potential push back toward $100K next month.