Although the main price trend of $BTC is still Decreasing and the Daily on last Sunday was a
bearish engulfing candle - a sign that the downtrend continues. However, the
strong price increase currently indicates a sign of a false-break forming. Therefore, the Short strategies for $BTC today need to be very cautious.
In terms of price structure: Bitcoin is expected to decrease again around the $88,492 (upper supply zone), but the price is expected to only drop back around $86,960 before easily increasing again. At that point, the price could completely extend the uptrend to reach $91,800 before decreasing again.
This price movement is called: Weak Breakout and $BTC short-term recovery around the support zone 85K/86K