$BTC ♻️Bitcoin Technical Analysis and Trading Strategy 🏆🔑👇
Current Price: $86,607 Timeframe: 1H & 1D
Chart Pattern Update:🤽 👉$BTC tapped into a premium supply zone around $88,700 and faced an immediate rejection, breaking short-term bullish structure (CHoCH on 1H), leading to a retest of the demand zone around $86,500–$86,000.
Daily Outlook:🌌 $BTC is consolidating right below the 200 EMA on the daily, hovering near $86,600. Momentum is bullish, but price action is hesitating to break through $89K–$90K resistance cluster. If bulls defend this current demand region, another leg up is possible.