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$BTC / USDT โ HTF Update ๐
๐ Price is holding above the ascending weekly trendline ๐
HTF structure remains bullish.
Key Levels.
Support: 87K โ 84K
Resistance: 92K โ 95k
Breakout: Above 95K (weekly confirmation)
Targets on continuation:
100K
110K โ 120K (liquidity zone)
My Opinion โ๏ธ
In my view, this move looks like re-accumulation at higher timeframe support, not distribution. Smart money seems to be defending the trendline. As long as BTC holds above 84K, I see pullbacks as opportunities, not a reason to panic.
๐ Yearly Candle Effect:
The bullish yearly candle close supports the long-term uptrend and increases the probability of continuation in the coming months, rather than a major trend reversal.