$BTC Bitcoin followed a heavy downtrend from the major high of $94,859.72, slipping as low as $86,657.52 before bouncing back. After forming another major low, #BTC entered a tight consolidation range a classic sign of buildup before a major move.
$BTC Now, price has broken out strongly from the consolidation channel, marching toward the upper resistance zone near $96,000, while key support sits around $92,000.
Key Zones:
Resistance Zone: $95,800 – $96,000
Support Zone: $91,800 – $92,200
#BTC Trade Setup:
Entry Zone: $93,500 – $94,500 (on dips or retests)
First Target (TP1): $96,000
Second Target (TP2): $98,000
Stop-Loss: Below $92,000 to protect from fakeouts
As long as $BTC holds above $92,000, momentum favors a clean breakout attempt toward $96,000 and possibly $98,000.
Momentum is heating up next few candles could be explosive!