Bitcoin / TetherUS
Short

Bitcoin Lower High Continues ?

308
Bitcoin saw a burst of upside momentum earlier this week, but it may be more of a reaction than a reversal. The move came after a breakout from a short-term range, yet it hasn’t managed to shift the broader trend. The latest push topped out at $88,465, just under the previous key high, failing to signal a true change in direction.

Key Points:
The high at $88,465 wasn’t enough to break the bearish market structure.
Potential downside targets include $74,500 and possibly $67,850 if weakness continues.

Price action is still printing lower highs, and unless a strong breakout clears $88,500 with momentum, sellers are likely to maintain control. A deeper pullback remains a strong possibility, especially if lower support levels are tested and fail to hold. Overall, trend continuation to the downside remains the dominant scenario until proven otherwise.

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