đš $BTC AT CRITICAL MID-RANGE: Break or Bounce at $89.2K? đ
â FACT CHECK
The analysis of Bitcoin's current range and the$88,200 - $89,200 key zone is accurate and reflects the current consolidation on higher timeframes. The levels are valid for monitoring a breakout.
đ SHORT ANALYSIS
$BTC is in a decisive chop.The $88,200 - $89,200 zone is the battleground. A strong reclaim above $89,200 opens the path toward **$93,000** resistance. However, failure to hold this as support increases the probability of a retest of the recent range lows near $85,000. For spot traders, the risk/reward in the middle of this range is unattractive, as noted. The optimal strategy is patienceâwait for a decisive break and confirmation above or below the mid-range with volume before committing capital.
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