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Wait, did you see that squeeze?
$BTC just blew through that annoying range we’ve been stuck in since yesterday. Honestly, I thought we might tap that 86,355 level one more time to grab liquidity, but the bulls had other plans.
Look at that massive hourly candle. We just spiked to 88,594 on some decent volume. Right now, we’re hovering around 88,344, and the question is whether this is a fakeout or if we’re actually ready to send it higher.
If we can hold this flip as support, the next leg up is going to be fast. But if we lose the 87,700 area again, it was just a liquidity hunt for the shorts.
Staying patient for the retest here.
#BTCMarketAnalysis $BTC