#BTCUSDT #BTC #BITCOIN $BTC
Well, Bitcoin still isn’t allowed into the unfair price zone, and on the hourly chart, there’s a pause at the 86-88k dollar level, with a potential reversal forming. Plus, my indicator gave a long signal. We’ll see if it plays out, but so far, it hasn’t let me down, and both long and short signals have been working. So, I think there’s a chance we could return to the 90k dollar range for Bitcoin. However, there’s one nuance. Yesterday’s candle closed with an engulfing pattern, but it lacks confirmation. Now, if today we close with an engulfing pattern in the opposite direction, it’s likely the bullish trend will continue, and we’ll see the 95-97k dollar range for Bitcoin. Just to remind you, the indicator is signaling a long on the hourly chart. Let’s see how it plays out. The third take profit target is positioned right at the close of yesterday’s engulfing candle.