🚀 $BTC Market Update: The Battle for $90K
Bitcoin is currently at a critical crossroads. After successfully sweeping the downside liquidity near $86K, the focus has shifted entirely to the overhead resistance.
🛡️ The Key Battlegrounds
The Ignition Point ($89K): This is the immediate level to clear. A sustained move above $89K is likely the "tripwire" needed to trigger a short-squeeze as late bears begin to feel the heat.
The Gatekeeper ($90.3K): This is the ultimate line in the sand. Reclaiming and finding acceptance above $90.3K transforms the chart from a "relief bounce" into a structural shift.
The Liquidity Hunt ($92K): If the gatekeeper falls, the path clears for a move toward the $92K zone, where significant resting liquidity is waiting to be tapped.
📉 The Bearish Counter-Case
The downside liquidity has been taken, but the question remains: Do the bulls have the gas? If $BTC continues to stall below these range highs, we risk a "bull trap" scenario where the price exhausted itself just short of the breakout.
The Bottom Line:
Can the bulls force the squeeze, or are we destined for another rejection? Watch the $90.3K level closely—that’s where the real story begins.
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$BTC Trade here 👇
