š„ $BTC ā Monster Rally Unfolding! š„
š Market Structure & Momentum Insight
šø Strong bullish trend with consistent higher highs & higher lows
šø Clean breakout above resistance at $91,500 = breakout confirmation ā
šø Sharp impulse candle pushed price from $91,500 ā $93,500+, signaling strong buyer dominance š
šø Current price hovering at $92,940 ā consolidation after pump, forming potential bull flag/pennant š
šø No significant supply zone visible until $94,500ā$95,000, creating clear upside room
š Analysis
š¹ Impulse breakout candle = high volume burst ā institutional interest likely š¦
š¹ Short-term consolidation = healthy pause before next leg up
š¹ Wicks above $93,500 show temporary resistance, not a reversal
š Bullish Continuation (Most Likely)
ā
Bull flag/pennant forming = classic continuation setup
ā
If price holds above $92,500ā$92,700, next targets:
ā⢠šÆ $93,900 (short-term)
ā⢠šÆ $94,500ā$95,000 (extension zone)
ā
Momentum structure is intact ā bulls fully in control
ā ļø Short-Term Pullback (Less Likely)
ā Failure to hold $92,500 may trigger correction to:
ā⢠$91,900 (previous resistance zone)
ā⢠$91,000 (last demand support)
š Deeper drop below $91K would break structure
š Key Levels to Watch
Support: $92,500 | $91,900 | $91,000
Resistance: $93,900 | $94,500 | $95,000+
š® Next Move Forecast: THE ROCKET STILL HAS FUEL!
BTC is cooling off after a massive breakout. As long as $92.5K holds, we expect a strong continuation toward $94.5K+. Bullish flag/pennant is the current pattern ā eyes on breakout šš„
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