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šÆ BTC Reclaims $90,000! Bull Run Confirmation? š
After the messy shakeout that saw us dip into the mid-$80,000s, Bitcoin has shown incredible resilience and fought its way back! The momentum is shifting, and the market sentiment is turning bullish.
Why $90,000 Matters:
* Psychological Fortress: $90K is a huge psychological barrier and a critical area of prior support/resistance. Holding this level confirms that buyers stepped in aggressively. * Leverage Flush: This recovery suggests the recent deep dip was likely a "leverage flush-out" clearing weak hands, rather than a fundamental breakdown. The strong bounce back signals underlying strength.
šWhat's Next on the Chart?
With $90,000 confirmed as solid ground, the focus shifts to the next major target: $100,000! š
Historically, seasonal patterns often favor a strong tailwind into the year-end. If we can consolidate above $90,000 over the next 48 hours, the path is clear for the final leg up this quarter.
š„ DID YOU BUY THE DIP, OR ARE YOU WAITING FOR THE BREAKOUT? Drop your year-end price prediction for $BTC in the comments! š
The market just sent a serious message. That single hourly candle represents a brutal -4.50% drop, wiping over $4,000 off the price of Bitcoin in minutes.
Weāve officially sliced through the key psychological $90,000 support level.
š What to Watch NOW:
1. The $86K Test: The chart shows the price wicking deep into the $86,000 area. This is a critical demand zone. The next few hours determine everything. 2. Hourly Close: If the candle manages to close strong and reclaim anything above $87,000, we could see a quick relief bounce back toward $90,000. 3. The Danger Zone: A sustained close below $85,000 opens the door for a much deeper correction toward the $82,000 mark.
This isn't a time for panic, but for precision. Liquidity was just hunted.
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ETH is currently trading around **$3,034**, up **+1.51%**, showing signs of gradual recovery after the recent dip. On the 4H timeframe, price is forming a steady **higher-low structure**, indicating early bullish momentum building up.
š¹ Strong Support Zone: The major support sits near **$2,600**, where buyers previously stepped in aggressively and pushed the price upward. As long as ETH stays above this zone, the structure remains healthy.
š¹ Current Price Action: ETH is consolidating around the **$3,030ā$3,050** level. This tight sideways movement suggests the market is waiting for volume before deciding its next move.
š¹ Key Resistances Ahead: Two major resistance blocks are visible:
$3,600 ā $3,700 $4,200+ zone
These areas have acted as strong selling zones before, so ETH needs solid momentum to break them.
š¹ Outlook: If ETH breaks above the $3,100 resistance, it could trigger a stronger move toward the $3,300ā$3,600 zone. However, rejection here may send price back into the $2,800ā$2,900 demand area.
š¬ Whatās your next move on ETH ā buying dips or waiting for the breakout?
BTC is currently trading around $91,487, showing a steady +0.72% push from recent lows. On the 4H timeframe, the price is forming a clean series of **higher lows**, indicating a quiet but healthy bullish buildup.
š¹ Key Support: The major support sits around **$80K**, where buyers stepped in strongly and reversed the previous drop.
š¹ Current Price Action: BTC is consolidating just above **$91K** with low volatility. This zone is acting as a short-term base ā a potential launch point if momentum increases.
**š¹ Resistance to Watch: A big resistance block lies in the **$108Kā$112K** area. This zone previously triggered strong sell-offs, so a breakout above it would signal real strength.
š¹ Outlook: As long as BTC stays above $88Kā$90K, the bullish structure remains valid. A clean breakout above **$92Kā$93K** could open the door for a bigger upside move.
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š¬ Whatās your take on BTCās next move? Pump or more consolidation? #BTC #Bitcoin #CryptoMarket #TradingView #BinanceSquareFamily #CryptoAnalysis
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