Structurally, it's looking good trying to defend this key support level at $90k and also as a stance to retest previous broken resistance trend line which is now acting as support.
This $90k level is the most important level we need to watch for intraday level as this is the psychological level for the traders.
Shorts are also stacking their position here with the vulnerability of getting squeezed if the price can surpass the $92k (just like what I anticipated yesterday).
Let's wait, volume is very low but it's clear that price wants to go up. Current correction is fueled by the short position, not spot selling.
I'll be active during the weekend because there is a heating situation in Iran right now. Source says that some air forces have been sent to Tehran? This is important guys