Bitcoin Reclaims $90K — Bullish Breakout or Bear Trap?
Bitcoin has broken above $90,000, but is it the real deal or just another trap?
In my previous updates, I pointed out how BTC needed to reclaim its lost range on the weekly chart to aim for new highs. Right now, the weekly candle is looking strong — a possible bear trap in the making — but with four days left, it’s too soon to celebrate a full-blown bull market.
On the daily chart, BTC is sitting at a critical resistance zone — a level where bears may step in. If you're late to this move, chasing here could be risky. This zone is key.
As long as BTC stays above $88K–$90K, the structure remains bullish.
Lose that level, and we could see a shift.
Next major update after the weekly close — or sooner if something changes. Stay sharp!
