$BTCBitcoin Pullback After Local High – Mid-Term Structure Still Bullish
BTC faced rejection near $110K and is now pulling back to test key mid-range levels. Price action remains constructive unless deeper supports break.
🔸 Key Support Zone at $99,763: This level aligns with previous range highs and is now acting as crucial support. A successful retest here could fuel the next leg up. If this fails, next support sits at $90,209.
🔸 Upside Target: $110,324 Despite the current dip, momentum on higher timeframes still favors upside. Liquidity above $110K remains untapped, and a bullish bounce from $99K–$100K zone could drive BTC to $110K+ in the coming weeks.
🔸 Risk Level at $90,209: A breakdown below $99K and then $90K would negate the bullish structure and open downside toward $80K–$70K range. This level remains critical for bull market continuation.
🔸 Action Plan: Watch the $99,763 zone closely. If BTC holds and prints a higher low, it’s a strong bullish sign. A recovery with volume confirmation can trigger a breakout push toward $113K–$120K. If $90K breaks, flip bias short-term bearish and expect extended consolidation.
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$BTCBitcoin Pullback After Local High – Mid-Term Structure Still Bullish
BTC faced rejection near $110K and is now pulling back to test key mid-range levels. Price action remains constructive unless deeper supports break.
🔸 Key Support Zone at $99,763:
This level aligns with previous range highs and is now acting as crucial support. A successful retest here could fuel the next leg up. If this fails, next support sits at $90,209.
🔸 Upside Target: $110,324
Despite the current dip, momentum on higher timeframes still favors upside. Liquidity above $110K remains untapped, and a bullish bounce from $99K–$100K zone could drive BTC to $110K+ in the coming weeks.
🔸 Risk Level at $90,209:
A breakdown below $99K and then $90K would negate the bullish structure and open downside toward $80K–$70K range. This level remains critical for bull market continuation.
🔸 Action Plan:
Watch the $99,763 zone closely. If BTC holds and prints a higher low, it’s a strong bullish sign. A recovery with volume confirmation can trigger a breakout push toward $113K–$120K. If $90K breaks, flip bias short-term bearish and expect extended consolidation.
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