Bitcoin (BTC/USD) - 1H Chart Analysis

📊 Bitcoin (BTC/USD) - 1H Chart Analysis

🔹 Current Price: $92,340
🔹 Key Resistance: $93,581
🔹 Key Support Levels:

$90,283 - $90,867 (Potential retracement zone)
$87,636 - $88,375 (Deeper liquidity zone)
📉 Bearish Scenario:
🔻 A rejection from current highs may lead to a retracement towards the $90,283 - $90,867 support zone.
🔻 If BTC breaks below this, price could dip into the $87,636 - $88,375 demand area for liquidity.

🚀 Bullish Scenario:
✅ If price holds above $90,283, it could retest and potentially break $93,581.
✅ A strong breakout above $93,581 may push BTC towards new highs.

💡 Trading Plan:
✅ Look for buying opportunities near the $90,283 - $90,867 zone if price shows bullish confirmation.
✅ Short positions could be considered if price fails to break $93,581 and shows reversal signs.

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