Bitcoin Is Trapped — But Not WeakMarket State:
– Bitcoin is trading inside a defined sideways structure, bounded by a strong support zone near 87,500–88,000 and a heavy resistance band around 90,500–91,000.
– The sharp sell-off into support was immediately absorbed, followed by a rebound — confirming buyers are defending the range, not abandoning it.
Key Levels:
– Strong Support: 87,500 – 88,000
– Range Mid / Balance: ~89,000
– Strong Resistance: 90,500 – 91,000
– Breakout Trigger: Acceptance above 91,000
Price Action Read:
– Repeated rejections at resistance and higher lows from support signal range compression.
– This is not trend continuation yet — it is market indecision resolved through time, not price.
NEXT MOVE SCENARIOS
➡️ Primary Scenario – Range Continuation
– Price oscillates between support and resistance.
– Buy reactions near 87,500–88,000, fade moves into 90,500–91,000.
➡️ Breakout Scenario (Macro-Driven)
– A decisive break and acceptance above 91,000 requires:
• Dovish Fed repricing
• USD weakness
• Broader risk-on rotation
– Only then does upside expansion become sustainable.
❌ Invalidation:
– A clean breakdown below 87,500 would shift bias to deeper corrective price discovery.
