Bitcoin is currently consolidating after a strong impulse move. This type of tight range behavior usually signals accumulation, not weakness. ๐ Technical View On the 4H timeframe, BTC is still holding a higher-low structure, showing buyers are defending demand zones effectively. Selling pressure has failed to create a structure breakdown so far. Declining volume during consolidation often precedes a strong volatility expansion. ๐ Key Levels Support: 85,800 โ 86,200 Invalidation: Below 85,300 Resistance: 88,200 โ 88,600 Target: 90,000 (psychological level) A confirmed close above resistance with volume could trigger continuation. A rejection may sweep liquidity near support before the next move. ๐ง Final Thoughts This is a patience zone. Chasing price here carries risk โ structure and confirmation matter more than prediction.
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๐ BTC Consolidation Zone: Expansion Likely Ahead
Bitcoin is currently consolidating after a strong impulse move. This type of tight range behavior usually signals accumulation, not weakness.
๐ Technical View
On the 4H timeframe, BTC is still holding a higher-low structure, showing buyers are defending demand zones effectively. Selling pressure has failed to create a structure breakdown so far.
Declining volume during consolidation often precedes a strong volatility expansion.
๐ Key Levels
Support: 85,800 โ 86,200
Invalidation: Below 85,300
Resistance: 88,200 โ 88,600
Target: 90,000 (psychological level)
A confirmed close above resistance with volume could trigger continuation. A rejection may sweep liquidity near support before the next move.
๐ง Final Thoughts
This is a patience zone. Chasing price here carries risk โ structure and confirmation matter more than prediction.