Crypto
BTC Eyes $91K as Traders Wait on Breakout Confirmation
Bitcoin's price has reached $86,848 as it holds support at $85,000. Traders are watching for a close above $87,395.67 to confirm a breakout towards the $91,013.66 weekly order block.
Tuesday's internal liquidity sweep kept the bullish structure intact, while a weaker INR against USD boosts the rupee conversion value for Indian traders. However, this does not confirm an exit from BTC for risk management and adoption purposes.
The four-hour chart shows Bitcoin near $86,848, below $87,395.67. A decisive close above that level would indicate acceptance beyond Monday's upper range and keep the $91,013.66 weekly order block in focus.