🚨 $BTC IS STILL BULLISH — BUT I’M NOT BUYING THIS MOVE YET.
The latest closed H1 candle finished at $86,524.3.
Why is the bullish structure still alive?
• BTC broke above $85,265.3 and $86,616.5.
• The strong push reached 4.70× the recent average volume, while the latest breakout printed 2.89×.
• The important lows are moving higher, and the $86,123.9–$86,485.8 area remains the key support zone.
But here’s the warning:
Price pushed as high as $87,123, swept buyers above the recent high, then closed back below $86,616.5. That means I want fresh confirmation before entering.
🟢 BULLISH BIAS — NO ENTRY YET
Trigger: H1 close back above $86,616.5
Entry: $86,123.9–$86,485.8, only after a later pullback holds and an H1 candle closes back above $86,485.8
SL: $86,080
TP1: $87,249.6 (4.20R)
TP2: $87,385.1 (4.80R)
An H1 close below $86,080 would cancel this setup.
A bullish chart does not mean every green candle is a buy. No reclaim and held retest means no trade.
Will buyers turn this support zone into the base for another run? 👀
$BTC #Wyckoff #SMC
Paper analysis only. Not financial advice.
The latest closed H1 candle finished at $86,524.3.
Why is the bullish structure still alive?
• BTC broke above $85,265.3 and $86,616.5.
• The strong push reached 4.70× the recent average volume, while the latest breakout printed 2.89×.
• The important lows are moving higher, and the $86,123.9–$86,485.8 area remains the key support zone.
But here’s the warning:
Price pushed as high as $87,123, swept buyers above the recent high, then closed back below $86,616.5. That means I want fresh confirmation before entering.
🟢 BULLISH BIAS — NO ENTRY YET
Trigger: H1 close back above $86,616.5
Entry: $86,123.9–$86,485.8, only after a later pullback holds and an H1 candle closes back above $86,485.8
SL: $86,080
TP1: $87,249.6 (4.20R)
TP2: $87,385.1 (4.80R)
An H1 close below $86,080 would cancel this setup.
A bullish chart does not mean every green candle is a buy. No reclaim and held retest means no trade.
Will buyers turn this support zone into the base for another run? 👀
$BTC #Wyckoff #SMC
Paper analysis only. Not financial advice.
