Bitcoin is showing strength towards the $88,000 mark, but the RSI on the 1-hour and 4-hour timeframes is significantly overbought, signaling the need for a healthy retracement.
I’m expecting
BTC pullback to the RSI 50 midline, which could align with a price retrace to around $85,000–$83,000. If BTC loses the $85K level, 
83K comes next. A deeper retest could bring it back to $80K, which may serve as a high-conviction long zone.
Trading Plan:
Short scalp while RSI is overheated.
Long entries: $85,600 zone if structure holds.
Keep your eyes on volume and RSI reaction near key levels.
I’m expecting
BTC pullback to the RSI 50 midline, which could align with a price retrace to around $85,000–$83,000. If BTC loses the $85K level, 83K comes next. A deeper retest could bring it back to $80K, which may serve as a high-conviction long zone.Trading Plan:
Short scalp while RSI is overheated.
Long entries: $85,600 zone if structure holds.
Keep your eyes on volume and RSI reaction near key levels.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
🌹TRADING is a CASINO💔!? NO‼️ You❗️CAN and ❗️SHOULD make money in trading! Join me, I'll guide you to PROFITABLE TRADING💵! 🟢Free Telegram Channel: : telegram.me/crypto_vulture_signals
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.