$BTC Critical Update: 4H Breakout Pending at $89k!
I’m watching a massive setup on the $BTC 4H timeframe. We have been consolidating between $87,000 and $88,800 for the last 24 hours. The bulls are currently testing the upper resistance band.
Why I'm Long:
Volume Spike: Buying pressure is increasing as we approach the $89k psycho-level.
Support Held: We successfully retested $87,200 yesterday and held the structure.
RSI Reset: The RSI has cooled off to 57, giving us room to push higher without being overbought.
I’m watching a massive setup on the $BTC 4H timeframe. We have been consolidating between $87,000 and $88,800 for the last 24 hours. The bulls are currently testing the upper resistance band.
Why I'm Long:
Volume Spike: Buying pressure is increasing as we approach the $89k psycho-level.
Support Held: We successfully retested $87,200 yesterday and held the structure.
RSI Reset: The RSI has cooled off to 57, giving us room to push higher without being overbought.