$BTC 1H
Bitcoin continues to trade under pressure, and the local picture remains weak.
While the market cannot confidently hold above the zone of $91638, the structure looks as if sellers still control the situation.
If this level does not hold, a breakout may accelerate the decline and strengthen the downward momentum.
In this case, the next liquidity node will be the range of $89500 - $89000 — I expect seller activity there and plan to close my short. At this level, the price may either bounce back or move sideways.
Now the main thing is to watch how BTC behaves at the current support. If we lose it — the way opens for a deeper correction.
BTC
91,725.87
-1.74%
