$BTC BTC saw a strong drop and bounced from the 85,100 area. That zone is acting like short-term support for now. On the 1H chart, price is trying to recover above local moving averages, but momentum is still mixed.
What I see:
Short timeframe shows a relief bounce
RSI is rising, but not overheated yet
MACD is improving, still below zero → recovery, not full reversal
Volume is okay, not aggressive
Possible scenarios:
1H–4H: If price holds above 85,800, we may see a push toward 87,800 – 88,500
Failure case: Losing 85,100 again could bring another test of lower levels
Higher timeframe: Trend is still weak, so upside may be slow and choppy
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$BTC BTC saw a strong drop and bounced from the 85,100 area. That zone is acting like short-term support for now. On the 1H chart, price is trying to recover above local moving averages, but momentum is still mixed.
What I see:
Short timeframe shows a relief bounce
RSI is rising, but not overheated yet
MACD is improving, still below zero → recovery, not full reversal
Volume is okay, not aggressive
Possible scenarios:
1H–4H: If price holds above 85,800, we may see a push toward 87,800 – 88,500
Failure case: Losing 85,100 again could bring another test of lower levels
Higher timeframe: Trend is still weak, so upside may be slow and choppy