$BTC – 1hr Chart

Bitcoin is currently trading at $93,124, showing a -0.70% drop on the day. After dipping close to the $91,500 mark, BTC has shown strong buying interest, bouncing back with a notable recovery. The price is now forming a potential inverse head and shoulders pattern, hinting at a bullish reversal if the neckline around $93,500 is broken with volume.

Support: $91,500

Resistance: $93,500 (neckline)

Buy Zone: On pullbacks near $92,000

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Breakout Alert: Watch for a breakout and retest above $93,500 for continuation.

If BTC clears this resistance, we could see a push towards $94,000+. Stay cautious of fakeouts in this choppy zone.