$BTC Market Structure Update (2H) š
BTC
95,186.36
-2.31%
Bitcoin is currently trading inside a well-defined range, with price reacting cleanly around key horizontal levels. Volatility remains compressed, suggesting a directional move once a major level breaks.
Key Levels to Watch:
š¹ Resistance: 90,617
š¹ Current Range: 88,000 area
š¹ Support: 86,369
Bullish Scenario:
If BTC reclaims and holds above 90,600, upside continuation is possible toward:
ā¢ 93,547 (Long Target 1)
ā¢ 94,555 (Long Target 2)
Bearish Scenario:
A clean breakdown below 86,369 opens downside toward:
ā¢ 83,637 (Short Target 1)
ā¢ 81,111 (Short Target 2)
Market is still range-bound ā patience is key.
Wait for confirmation at the boundaries before committing capital.
Trade the levels. Manage risk. Stay objective.