BTC Market Update
BTC first rejected from the 86,000 zone, where buyers stepped in and price stabilized. After that, the market spent time accumulating, building positions quietly instead of moving aggressively.
From this accumulation, BTC pushed up toward the 89,000 resistance, where sellers became active again and price rejected from that level, returning back into the range.
The long wicks and small candle bodies show liquidity being taken on both sides, not a clean trend.
Support: 86,000–86,500
Resistance: 89,000–90,000
Current phase: Range / Re-accumulation
Big moves usually follow structure — not emotions.
Right now, the market is waiting for confirmation.
My take:
Does BTC need more accumulation before the next push, or was the 89k rejection strong enough to send it lower?
#BTC #Bitcoin #BTCUSDT #CryptoMarket #MarketStructure #Accumulation #Binance
