Bitcoin / TetherUS
Long
Zaktualizowano

BTCUSDT: Bullish Structure Intact - Targeting 93K Resistance

1 213
Hello everyone, here is my breakdown of the current BTCUSDT setup.

Market Analysis

BTCUSDT previously traded inside a well-defined consolidation range, where price moved sideways and volatility was compressed, showing balance between buyers and sellers. During this phase, multiple internal swings failed to establish a clear trend direction. Before the range, price experienced several fake breakouts near the upper highs, highlighting strong selling pressure inside the 93,000 Resistance Zone, where buyers repeatedly failed to gain acceptance.

Currently, price is trading above the support zone and consolidating below the key 93,000 Resistance, where selling pressure previously emerged. The structure remains constructive, with higher highs and higher lows still intact, suggesting the move is corrective rather than a full reversal.

My Scenario & Strategy

My primary scenario: as long as BTCUSDT holds above the 90,800 Support Zone and respects the rising trend line, the bullish bias remains valid. I expect price to consolidate and potentially push higher toward the 93,000 Resistance, which acts as the next major upside objective (TP1). A clean breakout and acceptance above the resistance zone would confirm bullish continuation and open the door for further upside expansion.

However, a decisive breakdown below support and the trend line would invalidate the long setup and signal a return to range behavior or deeper correction. For now, buyers remain in control while support holds.

That's the setup I'm tracking. Thank you for your attention, and always manage your risk.
Zlecenie aktywne
We see that Bitcoin has entered a much deeper correction than we expected. It may even reach the trend line. We will monitor further developments.
Zlecenie zamknięto ręcznie
As we can see, Bitcoin did drop even lower on the retest of the trend line and there is already a small rebound, but this was not included in our analysis.

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