Bitcoin Holds Key Support: Consolidation or Next Move?
Bitcoin is currently trading around $87,500–$87,700, after a sharp sell-off followed by a clear stabilization phase.
Across multiple timeframes, price behavior suggests liquidity has already been taken, and the market is now deciding its next directional move.
This is a classic post-distribution → accumulation/consolidation zone.
Market Structure:
Daily & 4H:
BTC remains in a corrective bearish leg, but momentum is clearly slowing.
The sell-side liquidity below $87K has been swept.
1H:
Price is forming a range after displacement, signaling absorption rather than continuation.
15m:
Volatility spikes + quick recoveries indicate active participation by larger players, not panic selling.
Key Levels to Watch:
Major demand: 86,800 – 87,000
Range resistance: 88,200 – 88,500
Breakout confirmation: > 88,800
Bearish continuation trigger: < 86,500
Trade Scenarios
✅ Scenario 1: Liquidity Sweep → Bounce (Long Bias)
Conditions:
Price holds above 86,800
Strong impulsive move reclaiming 88,200
Targets:
88,500
89,300
Extension: 90,000
❌ Scenario 2: Failed Range → Continuation Down (Short Bias)
Conditions:
Rejection from 88,200–88,500
Breakdown and acceptance below 86,500
Targets:
85,800
84,900
What This Means
Bitcoin is not trending aggressively right now — it is absorbing liquidity.
Moves that come after such phases are usually fast and decisive, but direction must be confirmed.
Patience > prediction.
Do you think BTC is building a base for a rebound — or is this just a pause before another leg down?
⚠️ Disclaimer
This post is for educational purposes only and does not constitute financial advice.
Cryptocurrency markets are highly volatile — always manage risk and trade responsibly.
$BTC #tradeanalysis #tradesygnal