$BTC - update:

Prices remain stuck below the 95,500$ resistance.

It's also holding nicely above the 94,200$ support zone.

🎯Attached find an H4 possible view📉

Hard to say if it will continue to move inside this channel or retest the lower 92,000 - 92,500$ key support at the moment!

⚠️As long as prices hold above 93,500 and inside the channel; chances to see another pump remain high, BUT;

We may see some fake pump to grab liquidities at higher resistances! , [97,500 - 98,000]

It looks like a bearish structure is forming! I think that a bearish correction move will be see after the last pump here.

Maybe at the end of week or next week!

Monitor the 97,500 - 98,000$ area in case of pump, because this could be the next top before a stronger bearish correction!

📈In my opinion for long positions, the best entry point is around 88,000$ in case of retest.

I remain very bullish above 92,000 - 90,000 and 88,000$.

What do you think?

#bitcoin #btc #Bitcoin❗