#SaylorBTCPurchase #SaylorBTCPurchase Timeframe: 1-hour (1h)
Current Price: Around 94,624.48 USD
Bid/Ask Spread: Tight — Bid 94,624.48, Ask 94,653.28.
Trend Observation:
There was a sharp move up earlier (strong bullish momentum).
After that, price consolidated sideways between approximately 93,500 and 94,700.
Now it's hovering near the top of this range again (at resistance).
Analysis:
Price has retested the 94,600 zone multiple times but hasn't convincingly broken out.
There is buying pressure (higher lows forming below).
If BTC breaks cleanly above 94,700, it will likely continue upward.
If BTC fails again here, it could drop back toward 93,500 or even 92,800.
Short-Term Bias:
If BTC breaks and closes above 94,700 on the 1-hour chart → BUY → Target: 96,000 - 97,000 zone.
If BTC gets rejected around 94,700 again → SELL → Target: 93,500 first, then possibly 92,800.
Key Levels to Watch:
Upside Breakout Point: 94,700 (break and close needed).
Upside Target: 96,000 to 97,000.
Downside Break: 93,500.
Downside Target: 92,800.
#btc
