BTC Buy?

Trend has been down, now a bounce is trying to form a higher low.

Price is sitting at the POC/HVN ~87.6–87.8k (heavy traded area). This is the decision point.

First supply is 88.0–88.7k. Acceptance above it = cleaner path up. Rejection = likely rotation lower.

Structure

Support: 87.1k (thin shelf), 86.3–86.4k (last clear higher‑low / invalidation), 84.2k.

Resistance: 88.0–88.7k, 90.8–91.2k (prior shelf), 96.6k (0.382 retrace).

The dashed downtrend line has been tested; bulls need hold above POC to show control.

Indicators (4H unless noted)

RSI: around 50–55 → neutral to slightly bullish.

EMAs (20/50/200): still bearish stacked; 20 EMA is trying to curl up. A reclaim of 50 EMA would help the bounce.

Volume: breakout needs rising buy volume; a weak poke above 88k without volume often fails.

ATR(1D): ~1.7k → room for 2–3% swings.

Scenarios

Bullish: 4H close > 88.1k, then hold above ~87.95k on retest. Targets: 90.8k → 94.9k → 96.6k.

Bearish: Clear rejection at 88k with growing sell volume, or 4H close back < 87.3k. Downside magnets: 86.3k, then 84.2k.

My Take

I do not buy directly into the POC. I want either acceptance above 88.1k or a clean reaction at 86.9–87.1k. Simple plan, simple invalidation.

Not financial advice. Manage risk.