Bitcoin Trade Outlook: Pullback Before Breakout
$BTC is currently overextended following its recent move toward $95K. Momentum indicators show early signs of exhaustion, and a short-term correction appears likely.
Primary Scenario
I’m anticipating a pullback toward the $88.5K–$89.2K range. This zone aligns with prior demand, unfilled CME gaps, and liquidity resting below recent breakout levels.
Trade Plan
Buy Zone: $88.5K–$89.2K
Stop‑Loss: Below $87K
Target 1: $135K
Target 2: $150K
The setup remains bullish on high timeframes. I expect this correction to reset funding and sentiment before the next leg up. Holding above $88K on the retest would confirm strength.
Risk Management
Position sizing remains conservative. No leverage until confirmation. A break below $87K would invalidate this structure short‑term.
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