Technical analysis by Elise-Golden-Sparks about Symbol BTC: Buy recommendation (16 hour ago)

BTCUSD After rejecting from the prior supply zone, BTC swept sell-side liquidity and rebounded strongly. The current price action shows compression inside an ascending channel, suggesting buyers are active but momentum is still corrective. Upside continuation requires acceptance above the channel high and prior intraday resistance. Key Scenarios ✅ Bullish Case 🚀 → Sustained 30M close above 89,000 – 89,200 opens upside toward 90,200 and 91,200. ❌ Bearish Case 📉 → Breakdown below channel support and a close under 87,400 exposes 86,200 – 85,500 demand. Current Levels to Watch Resistance 🔴: 89,200 – 90,200 Support 🟢: 87,400 – 86,200 ⚠️ Disclaimer: This analysis is for educational purposes only. It is not financial advice.