$BTC MOVE TOWARD 98K...102K
Guys be serious and take a look on it.
I have share complete analysis on $BTC given below. If you Don't want to read it whole article I know you are very buys more than RICHARD TENG. Apart from joke it will take your 5-10 minutes to read the whole article.
It took 2 hours to read this whole article for you. Than why not you spend 5 minutes for this valuable information. See the first chart showing below in 4H
{spot}(BTCUSDT)
The chart is showing a classic market-structure cycle rather than anything random. On the left side, Bitcoin broke above a prior resistance (marked “Break”), then came back to retest that level as support. This break-and-retest confirmed bullish structure and led to a strong impulsive move higher. That rally topped out near the upper resistance zone around the high-90K area, where sellers stepped in aggressively. The rejection from that zone caused a sharp pullback, signaling that price was not ready to continue straight up and needed to rebalance liquidity lower.
After the rejection, Bitcoin entered a corrective phase. Price sold off quickly into a clearly defined demand zone around the mid-to-high 80K area (the red box). That zone acted as strong support, evidenced by a sharp reaction and long downside wicks, showing buyers absorbing sell pressure. From there, price bounced and started forming a base, highlighted by the small consolidation box.
This is important because it suggests seller exhaustion rather than continuation lower. Instead of making lower lows, price stabilizes, which often precedes a structural reclaim.
The right side of the chart illustrates the bullish scenario if confirmation holds. The key level to watch is the horizontal resistance around ~91–92K. A clean break and hold above that level would flip it into support, opening the path toward the upper resistance near 98K. The projected red path reflects expected volatility pullbacks and higher lows rather than a straight line up. As long as Bitcoin holds above the reclaimed support and does not lose the demand zone below, the structure favors continuation toward the highs. Losing that base, however, would invalidate the bullish setup and shift the focus back to deeper support.
The key thing this chart highlights is where Bitcoin is being accepted and where it is being rejected. The upper red zone has already proven itself as a strong sell area. Every time price moved into that region, it struggled to stay there and was pushed back down quickly. That tells us buyers are not yet confident at those levels, and smart money is likely distributing into strength rather than chasing higher prices.
When price dropped, it didn’t break down impulsively. Instead, it settled into the marked demand zone around the high-87K to low-88K area. This is important because the market paused, formed wicks, and slowed its downside momentum classic signs of liquidity absorption. Sellers attempted continuation, but follow through failed. That behavior suggests this area is being defended and that the move down is corrective, not the start of a broader bearish leg.
Going forward, direction depends on reaction, not hope. If Bitcoin holds this demand zone and reclaims the prior intraday resistance around 88.8K–89K, the structure shifts back in favor of buyers. From there, price can work higher with choppy advances toward the upper supply near 90.5K–91K. Failure to reclaim that level keeps price range-bound, while a loss of the demand zone would invalidate the bullish idea and shift focus toward deeper support near 86K.
On the daily timeframe, Bitcoin is moving inside a descending (bearish) channel, which means price is respecting a structure of lower highs and lower lows. Each rally has been capped by the upper boundary of the channel, showing that sellers are consistently active on strength. The strong rejection from the upper band confirms that this zone is acting as dynamic resistance, not a breakout area. As long as price remains below this descending resistance, the higher-timeframe bias stays corrective to bearish.
I hope you learn something new from my analysis
Remember one thing:
"YOU CANNOT BE A RCH MAN IN SINGLE NIGHT, EVERY HARDWORKING NIGHT WILL MAKE YOU."
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