BTC looks technically strong across all timeframes. $91K–$92K remains the key breakout zone—if cleared and held, BTC could launch into a new leg higher, possibly toward $100K+.
The liquidation map confirms room to run, with stacked shorts and little resistance above. Meanwhile, open interest signals a healthy, active market, not yet overheated.
📌 Momentum is building—the coming days could be decisive.
The structure looks very strong and could continue pushing higher. The key lies in breaking and holding above $91K—if BTC manages that, the bullish momentum should accelerate. If it fails to hold, we’ll provide an immediate update with an alternate scenario.
BTC held the 50% retracement perfectly and has been rising steadily since, which may have completed a small internal Wave 2, setting the stage for Wave 3 to unfold. As already mentioned in the short-term view, testing and holding $91K–$92K is essential to confirm this structure.
Wave 5 is not yet complete, indicating that another high is likely before any larger correction begins. The macro trend still points upward, and bulls are in control as long as structure and momentum hold.
A notable liquidity cluster exists at $70K, suggesting strong support below. On the way up to $92K, there are many short positions, with the highest liquidation zone extending to around $101K. If BTC can break through these levels, there’s very little resistance left, opening the door for a powerful rally.
Relatively high, but still comparable to previous bull markets. While not yet at extreme levels, it clearly shows strong participation and growing conviction in the market. No warning signs yet, but something to monitor closely.
