$BTC ‌BTC is trying to recover after a strong drop.

On the 1H view, price bounced from the 86K area and is now moving near 89K.
Momentum is improving, but the market is still inside a wide range.
This is a decision zone, not a chase zone.
Chart 1 – Bullish scenario (Bearish levels marked on the chart)
If buyers stay active above the 88.5K–88K zone, the structure slowly turns positive.
This area is acting as short-term support now.
Holding above it can allow price to move toward 90.5K first.
If momentum continues, the next upside area sits around 92K–93.5K.
RSI on lower timeframes is above mid-level, showing buyers are present, but not aggressive yet.
This means upside is possible, but it will be step by step, not straight up.
Chart 2 – Bearish scenario (Bullish levels marked on the chart)
If price fails to hold above 88K and gets rejected near 90K, sellers may take control again.
A clean break below 88K can bring a retest of 87K.
Below that, the major support remains near 86K, where strong buying appeared earlier.
Loss of this zone would weaken the structure and open room for deeper pullbacks.
Until then, bears still need confirmation.
Overall view
Market is moving inside a range.
Above support, buyers have a chance.
Below support, sellers regain control.
This is a technical opinion based on chart structure and multiple timeframes.