$BTC update – Current view

After a strong increase from the April low of $75,000, $BTC has now reached the target range of $92,000–$98,000 that I previously marked on the chart.

Simply put:

🔹 Above $92k–$93k → Bullish, but strong resistance at $96k–$98k

🔻 Below $92k → Bearish

In my opinion, we are witnessing LTF distribution at these levels.

However, as long as this persists, altcoins may still continue to rally.

I will soon start taking profits.

$BTC