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Bitcoin (BTC/USD) 1H Chart Analysis
💹 Bitcoin (BTC/USD) 1H Chart Analysis
The price is testing a critical supply zone between 101,743.30 and 102,596.54, signaling potential resistance.
Key Observations:
🔸 Resistance Zone: A breakout above 102,596.54 could signal further bullish momentum.
🔸 Support Zones: Watch for key levels at 98,855.00 and the strong demand zone near 91,755.54.
📉 If the price faces rejection here, we may see a retracement toward lower levels.
📈 If bullish momentum continues, we could target new highs!
What’s your BTC strategy—bullish or bearish? Let’s discuss! 🚀
#Bitcoin #BTCUSD #CryptoTrading #PriceAction #TechnicalAnalysis #TradingView #CryptoAnalysis
The price is testing a critical supply zone between 101,743.30 and 102,596.54, signaling potential resistance.
Key Observations:
🔸 Resistance Zone: A breakout above 102,596.54 could signal further bullish momentum.
🔸 Support Zones: Watch for key levels at 98,855.00 and the strong demand zone near 91,755.54.
📉 If the price faces rejection here, we may see a retracement toward lower levels.
📈 If bullish momentum continues, we could target new highs!
What’s your BTC strategy—bullish or bearish? Let’s discuss! 🚀
#Bitcoin #BTCUSD #CryptoTrading #PriceAction #TechnicalAnalysis #TradingView #CryptoAnalysis
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