$BTC Bitcoin is currently compressing inside a short-term triangle, with price pressing against the upper boundary around $88,050–$88,100. This area marks the immediate decision point.
A clean break and acceptance above this resistance would shift short-term control back to the bulls and favor a continuation toward the $88,400–$88,800 zone.
Until that happens, price remains range-bound within the structure. Failure to break higher keeps the risk of a rotation back toward the lower boundary of the triangle on the table.
For now, it’s a market waiting for resolution.
Direction follows the break.