Bitcoin Is Trapped — But Not WeakBitcoin / U.S. dollarBITSTAMP:BTCUSDMatthew_TradeRFXMarket State: – Bitcoin is trading inside a defined sideways structure, bounded by a strong support zone near 87,500–88,000 and a heavy resistance band around 90,500–91,000. – The sharp sell-off into support was immediately absorbed, followed by a rebound — confirming buyers are defending the range, not abandoning it. Key Levels: – Strong Support: 87,500 – 88,000 – Range Mid / Balance: ~89,000 – Strong Resistance: 90,500 – 91,000 – Breakout Trigger: Acceptance above 91,000 Price Action Read: – Repeated rejections at resistance and higher lows from support signal range compression. – This is not trend continuation yet — it is market indecision resolved through time, not price. NEXT MOVE SCENARIOS ➡️ Primary Scenario – Range Continuation – Price oscillates between support and resistance. – Buy reactions near 87,500–88,000, fade moves into 90,500–91,000. ➡️ Breakout Scenario (Macro-Driven) – A decisive break and acceptance above 91,000 requires: • Dovish Fed repricing • USD weakness • Broader risk-on rotation – Only then does upside expansion become sustainable. ❌ Invalidation: – A clean breakdown below 87,500 would shift bias to deeper corrective price discovery.