Bitcoin is walking a tightrope—stuck between $94,200 - $102,500 Bitcoin is walking a tightrope—stuck between $94,200 - $102,500 with $98,350 acting as the key pivot. Break & hold = 102K test. Rejection = potential drop to range lows.
1️⃣ Key range: $94,200 - $102,500
BTC can't break above $98,350 for half a month—building pressure.
A clean breakout opens the door to $102K.
Failure = possible sweep of range lows.
2️⃣ Election VWAP defense
Bulls aggressively defending this level—a break could trigger fast downside.
But so far, it’s holding like a fortress.
3️⃣Short-term signals
Market structure shift (MSB) on the 1H chart.
Demand zone slightly below current levels—possible liquidity grab for re-entry.
12H time frame also hints at a reversal setup.
4️⃣ The game plan?
Hold above $98,350 = bullish breakout confirmation.
Lose 12H support & election VWAP = watch for $94,200 retest.
Patience > overtrading—market is moving like a coiled spring.
How are you positioning? Waiting for a break or taking range trades?