$BTC is compressing inside a bearish pennant after the sharp drop from 94,150 — a classic continuation structure where volatility squeezes before the next breakout.

Price is sitting right at the apex, meaning a decisive move is very close.

🔍 Key Levels to Watch

Support:

89,000 → Pennant support

88,200 → Breakdown target zone

86,500 – 85,800 → Target zone if pattern plays out

Resistance:

90,000 → First rejection zone

90,800 → Upper pennant line
A close above this invalidates the bearish structure.

Pennants after a strong drop usually break downward, but #Bitcoin is still holding 89k tightly — meaning liquidity is building on both sides.
The next breakout from this squeeze will set the direction for the next move.