Bitcoin (BTC/USDT) Technical Analysis – May 5, 2025
Current Price: $94,531
1D (Daily)
BTC is ranging between $93,800 and $95,700 with no strong breakout.
Bias: Neutral
4H (4-Hour)
Equal highs at $95,700 and equal lows at $93,800 suggest potential liquidity grab.
Market is choppy, signaling accumulation.
1H (Entry Idea)
Watch $93,800 for a bullish reaction (e.g., bullish engulfing).
Entry: Long if confirmed
TP: $95,700
SL: Below $93,000
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Not financial advice. Always DYOR.
