BTC/USD – Support Retest & Possible Recovery Path

2 days ago

BTCUSD
If Bitcoin maintains support above 88,245, bullish recovery toward the previous 93,500–94,000 resistance zone becomes probable. This zone remains the main area where sellers previously controlled price, so a breakout confirmation is required for further continuation.
A breakdown below this structure exposes deeper liquidity levels toward 83,869 demand, where stronger buy reaction is expected.

Key Scenarios
🔵 Bullish Setup

Hold above 88,245 → break micro-range →
🎯 Target 1 → 91,200
🎯 Target 2 → 93,500
🎯 Target 3 → 94,000 (main resistance)
📌 Invalidation if price closes below 88,245

🔴 Bearish Setup (If Support Fails)

Break below 88,245 → continuation downwards
🎯 Target → 85,500
🎯 Target → 83,869 major demand
Possible reversal expected from demand block.

Current Levels to Watch

Resistance: 93,500 → 94,000

Support: 88,245

Demand: 83,869

⚠️ This is an educational analysis, not financial advice.

yesterday

Trade closed: target reached