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Bitcoin’s bullish retracement continued after finding support at the crucial $80K threshold, leading to a steady climb to the previous swing high. Recently, the asset has seen increased buying pressure at the 200-day moving average ($85K), pushing it towards the critical $90K resistance zone where a large amount of supply is likely to exist. However, the market currently lacks strong bullish momentum and trading activity, increasing the probability of rejection at $90K followed by further consolidation. That said, if unexpected buying pressure emerges, a breakout above this level could trigger a liquidation cascade and push Bitcoin to new highs.
Looking at the 4-hour chart, on the lower timeframe, BTC has been trading within a descending price channel, forming lower lows and lower highs, indicating a bearish market structure with sellers. Recently, Bitcoin initiated a bullish retracement from the lower boundary channel and is now testing the upper trendline at $88K. If buyers manage to reclaim this critical boundary, a rally towards the $90K resistance could follow. On the contrary, failure to exceed this level may lead to rejection and continued consolidation in the short term.
Summary: Short-term resistance short-selling signals 87500, 87800, 88000, and lower support 86000, 85300, 84500 reversal trading long. You can combine the real-time situation to conduct range trading to complete the profit.
Trading is risky, control your position reasonably.
If your trading is bad and you want to recover your losses, you can follow Baker Bitcoin Gold Trading Center for real-time and accurate signals or leave me a message. Let's move towards victory together.
BTCUSD BTCUSD 
BTCUSDT BTCUSD BTCUSDT.P BTCUSDT.P
Bitcoin’s bullish retracement continued after finding support at the crucial $80K threshold, leading to a steady climb to the previous swing high. Recently, the asset has seen increased buying pressure at the 200-day moving average ($85K), pushing it towards the critical $90K resistance zone where a large amount of supply is likely to exist. However, the market currently lacks strong bullish momentum and trading activity, increasing the probability of rejection at $90K followed by further consolidation. That said, if unexpected buying pressure emerges, a breakout above this level could trigger a liquidation cascade and push Bitcoin to new highs.
Looking at the 4-hour chart, on the lower timeframe, BTC has been trading within a descending price channel, forming lower lows and lower highs, indicating a bearish market structure with sellers. Recently, Bitcoin initiated a bullish retracement from the lower boundary channel and is now testing the upper trendline at $88K. If buyers manage to reclaim this critical boundary, a rally towards the $90K resistance could follow. On the contrary, failure to exceed this level may lead to rejection and continued consolidation in the short term.
Summary: Short-term resistance short-selling signals 87500, 87800, 88000, and lower support 86000, 85300, 84500 reversal trading long. You can combine the real-time situation to conduct range trading to complete the profit.
Trading is risky, control your position reasonably.
If your trading is bad and you want to recover your losses, you can follow Baker Bitcoin Gold Trading Center for real-time and accurate signals or leave me a message. Let's move towards victory together.
BTCUSD BTCUSD BTCUSDT BTCUSD BTCUSDT.P BTCUSDT.P Note
The BTCUSD market is consistent with my expectations. It fell to 86,000 support in the short term, rose to 87,500 resistance and began to fluctuate, with a profit margin of 1,500 points. Familiar traders can easily make profits on this signal.Note
BTCUSD encounters 85800 support and reverses, long positions make a profit of 1000. Baker signal plan will start in advance, follow me, real-time accurate signal release can track Baker Bitcoin Gold Trading Center or leave me a message. Let's go to victory together.Note
This BTCUSD article has achieved a long-short winning streak, and the short-selling plan is being implemented. If you are preparing to short, you can check whether it is consistent with your buying position.
🎁Stable weekly profit exceeds 259.7%🎁Win rate is as high as 98.83%,✔Copy accurate trading signals✔Account management. Real-time communication: t.me/cryptoanalyst_baker
Signal entry: t.me/FcCygjylf
Signal entry: t.me/FcCygjylf
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
🎁Stable weekly profit exceeds 259.7%🎁Win rate is as high as 98.83%,✔Copy accurate trading signals✔Account management. Real-time communication: t.me/cryptoanalyst_baker
Signal entry: t.me/FcCygjylf
Signal entry: t.me/FcCygjylf
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.