Bitcoin Tests $87K: Breakout May Open Path to $92K
BTC/USDT — BUY ON CONFIRMATION
BTC is pressing against the $87,242 resistance, a level that has already rejected price once on the 4H chart. The important change now is the recovery from the $82,468 swing low, followed by higher lows and renewed bullish momentum.
The setup is not a blind breakout trade. I want a 4H close above $87,242, followed by a successful retest. That would turn resistance into support and strengthen the continuation case.
Entry: $87,300
SL: $85,800
TP1: $89,800
TP2: $92,000
A clean hold above $87K keeps the bullish structure intact. A 4H failure back below $85,800 invalidates the setup.
Trade the confirmation, not the excitement.
#Bitcoin
$BTC
BTC/USDT — BUY ON CONFIRMATION
BTC is pressing against the $87,242 resistance, a level that has already rejected price once on the 4H chart. The important change now is the recovery from the $82,468 swing low, followed by higher lows and renewed bullish momentum.
The setup is not a blind breakout trade. I want a 4H close above $87,242, followed by a successful retest. That would turn resistance into support and strengthen the continuation case.
Entry: $87,300
SL: $85,800
TP1: $89,800
TP2: $92,000
A clean hold above $87K keeps the bullish structure intact. A 4H failure back below $85,800 invalidates the setup.
Trade the confirmation, not the excitement.
#Bitcoin
$BTC
