Bitcoin is currently testing a key demand zone between $90,590 – $89,300 an area that could define the next intraday move.
Notably, price is forming a Regular Bullish Divergence between two consecutive lows — a classic signal that selling momentum may be weakening and a short-term rebound is possible.
If this support holds, I’m anticipating a relief bounce, likely acting as a pullback toward previously broken support levels.
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📊 $BTC Short-Term Outlook | 1H
Bitcoin is currently testing a key demand zone between $90,590 – $89,300 an area that could define the next intraday move.
Notably, price is forming a Regular Bullish Divergence between two consecutive lows — a classic signal that selling momentum may be weakening and a short-term rebound is possible.
If this support holds, I’m anticipating a relief bounce, likely acting as a pullback toward previously broken support levels.
🎯 Targets
TP1: $91,597
TP2: $92.0K – $92.6K (High short liquidation cluster)
🛑 Stop Loss (tight): $89,117
🧲 CME Gaps to Watch
Upper gap: $92K – $93K
Lower gap: $88.1K – $88.7K
⚠️ Major Short Liquidation Zone
$93,325 – $94,389
This is purely a technical idea, not financial advice. Risk management is key — always use a stop loss.
💬 Open to discussion — feel free to agree or disagree respectfully.
🔥 If this breakdown adds value, give it a BOOST and share it with your trading circle.
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