Bitcoin continues consolidating after a strong rally, holding above the key $89,236–$89,550 demand zone. Aggressive buying on dips has maintained the short-term bullish structure, forming higher lows.
Price trades in a narrow $90,700–$91,900 range, signaling a potential breakout.
Upside: Break above $91,900 opens the path to $93,150, with higher liquidity zones above $94,000 if momentum accelerates.
Downside: Support at $90,700 holds bulls in control; deeper pullback could test $89,550–$89,236, with a break below $89,236 weakening structure toward $88,800.
Strategy: Buy dips near $90,700 or $89,550–$89,236; consider breakout longs above $91,900 targeting $93,150.
Key Levels:
• R2: $93,150 | R1: $91,900
• S1: $90,700 | S2: $89,550
Trend remains bullish as long as BTC stays above $89,236.
for more - https://t.co/AiId9mBpGy
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