🔥 BTC/USDT BULLS ARE HOLDING THE RECOVERY
📈 SIGNAL
Bias: 🟢 Bullish
Entry: $85,500 – $85,900
TP1: $87,000
TP2: $87,400
TP3: $88,200
SL: $84,900
Bitcoin is trading around $85,971, up 1.23% on the 1H chart after rebounding from the $84,778 low.
BTC is currently holding around the MA(7) at $85,867 and MA(25) at $85,938, while the MA(99) sits much lower at $82,343. The short-term structure remains constructive, but BTC still needs to clear the recent $87,395 high.
🔎 TECHNICAL REASONING
BTC has made a strong move higher and is now consolidating near the short-term moving averages instead of immediately giving back the rally.
A clean hold above $85,500–$85,900 would keep the bullish structure intact. The key test is $87,395 a clean breakout and hold above that level could open the way toward $88,200.
On the other hand, losing $84,900 would weaken the setup and suggest the current consolidation could turn into a deeper pullback.
⚠️ Don't chase the breakout. protect your capital, and manage risk properly.
#BTC #Bitcoin #BTCUSDT #Trading #CryptoTrading $BTC
📈 SIGNAL
Bias: 🟢 Bullish
Entry: $85,500 – $85,900
TP1: $87,000
TP2: $87,400
TP3: $88,200
SL: $84,900
Bitcoin is trading around $85,971, up 1.23% on the 1H chart after rebounding from the $84,778 low.
BTC is currently holding around the MA(7) at $85,867 and MA(25) at $85,938, while the MA(99) sits much lower at $82,343. The short-term structure remains constructive, but BTC still needs to clear the recent $87,395 high.
🔎 TECHNICAL REASONING
BTC has made a strong move higher and is now consolidating near the short-term moving averages instead of immediately giving back the rally.
A clean hold above $85,500–$85,900 would keep the bullish structure intact. The key test is $87,395 a clean breakout and hold above that level could open the way toward $88,200.
On the other hand, losing $84,900 would weaken the setup and suggest the current consolidation could turn into a deeper pullback.
⚠️ Don't chase the breakout. protect your capital, and manage risk properly.
#BTC #Bitcoin #BTCUSDT #Trading #CryptoTrading $BTC
