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$BTC caught a clean NY rebound near 86400 and the pitchfork still leans up 👀
London printed a wide chop, but NY flipped the tone with a sharp buyback from the session low.
Three things jump out on this 5m chart.
--> First,
$BTC formed a higher low at the bottom of that orange London block after sweeping 86500.
-->Second, the NY block shows two long lower wicks around 86600 where buyers clearly defended.
-->Third, price tapped the mid-line of the upward pitchfork and held, which suggests strength inside an ascending structure.
That whole sequence shows buyers absorbing every dip inside this fresh channel.
Price holding above 87200 after a liquidity sweep makes this a clean spot buy today.
💎 Spot Long Setup
Entry Zone: 87200 – 87500
Target 1: 88100
Target 2: 88700
Target 3: 89300
Stop Loss: 86600 under NY demand
Risk: 0.5–1%
Spot trade only. Trade your size.
If someone loads 1000 in this zone and price tags 88700, the move returns around 120 in profit without touching futures. It’s the kind of slow grind that often builds the next impulsive leg.
NY showed intent. Buyers stepped in right after the sweep, then defended the pitchfork mid-line twice. That usually aligns with a developing intraday trend where dips become opportunities instead of threats. Volume isn’t explosive, yet the reaction near 86600 indicates motivated buyers. When I’ve seen this sequence before, the next push often comes quietly, then expands once Asia or early London joins in.
Last week the same sweep-into-NY-reversal printed a near identical 5m structure before running 900 points. This setup feels similar. Not guaranteed, but the rhythm aligns.
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