VIP MARKET UPDATE: $BTC
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BTC is consolidating tightly inside the grey range after an impulse move, showing clear indecision between buyers and sellers.
As long as price holds above the mid-range support around $90K, this structure remains a healthy pause within the uptrend. A breakout above the range could trigger a move toward the upper resistance zone near $96K, where the next reaction zone sits.
If the range fails and BTC loses $90K, the next key support is the $88.5K–$89K demand zone aligned with the ascending trendline. A successful retest here would keep the bullish structure intact.
However, a deeper drop toward $86.5K–$87K remains possible if this area breaks. Overall trend stays bullish as long as price continues to create higher lows on the trendline.
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- Binance Killers®