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$BTC | 8H Technical Structure Update
Price Is Printing A Clear Ascending Triangle With Consistent Higher Lows Pressing Into A Well-Defined Horizontal Supply Zone At $94,500
Key Technical Levels:
🔹 Range High / Supply: $94,500 → $107,000
🔹 Ascending Trendline (Dynamic Demand): ~$88,000
🔹 HTF Demand / Structural Support: $78,000
Market Structure Read:
🔹 Compression Phase Ongoing
🔹 Volatility Expansion Imminent
🔹 Trendline Continues To Act As Acceptance Support
🔹 Liquidity Resting Above Range High
Scenarios:
✔️ 8H Close Above $94500 → Range Expansion Toward $106K+
❌ Loss Of Ascending Trendline → Structural Rotation To $78K
Market Is At Decision Point. Wait For Acceptance, Not Anticipation.