✅ Bitcoin trend analysis:
General trend:
The trend is clearly upward in the long term.
The price is moving within a strong ascending channel on the monthly timeframe.
The price has managed to break significant historical resistances and is stabilizing above them.
The cloud in the Ichimoku indicator is "positive" and the price is above it, indicating the continuation of the upward momentum.
🔶 Weekly timeframe (1W):
A major resistance has been reached between 105K and 109K, which is a previous selling pressure area.
Warning signal: The current weekly candle shows weakness in the upward momentum with upper wicks indicating (sell on the rise).
📉 Daily timeframe (1D):
The price faces strong resistance around 104–105K with repeated breakout failures.
The daily Ichimoku cloud is still supportive of the rise, but the selling pressure is increasing.
⚖️ 4-hour timeframe (4H):
Potential reversal pattern: Consecutive red candles after a strong rise, with an attempt to break Tenkan Sen.
Weak price behavior above 103K.
🔍 Technical summary from indicators (according to Binance data):
Moving averages according to the timeframe (according to Binance data):
Monthly - Strong buy
Weekly - Strong buy.
Daily - Strong buy
4 hours - Strong buy ← starting to weaken
MACD (according to Binance data):
Positive crossover since April 27, and the indicator is still above the signal line, but the momentum is slowing. A potential weakness in the upward trend if the price does not rise soon.
Volume (trading volumes)
A gradual decline in volume since early May despite the price increase, indicating a rise without strong liquidity support, weakening its sustainability.
🔥 Liquidation Heatmap analysis from CoinGlass:
Strong liquidation pressure at 105.8K and clear buying areas at 102K
✅ Liquidation map – Full month (1M):
High selling pressure zones: between 105K and 109K
Clear demand zones and strong support: from 99K down to 92K
The price is approaching the liquidation clusters area and may experience rejection from it (potential correction).
📉 Weekly map (1W):
Significant liquidity was liquidated between 104K and 105.5K, increasing the likelihood of resistance in this area.
Reaccumulation zone between 101K – 102.5K may provide short-term support.
📉 24-hour map (1D):
Strong liquidation pressure at 105.8K and buying pressure at 102K
This reinforces the idea that the price is trapped between two liquidation zones.
📌 Important technical areas
Resistance: 105,800 ~ 109,000
Support 1: 102,000 ~ 99,500
Support 2: 94,800 ~ 92,000
🔮 Expected scenarios:
✅ Positive scenario (breakout):
A clear and stable breakout of 105,800 will lead to targeting 109,500 – 112,000.
Needs strong momentum and large volume with a daily close above resistance.
❌ Negative scenario (correction):
If failing to hold above 104K and confirming a break below 102,800, we may see a correction towards: 99,500
Or even 94,800 (Kijun Daily) as a strong subsequent support point.
🧠 Summary:
If the price successfully breaks the level 105.8K with a strong close supported by high trading volume, the path towards 112K – 115K may open up 🚀
However, if it fails, there is a high chance we will return to the 99K area to test liquidity again.
🎯 Monitor the movement closely… and remember that the market does not forgive the hesitant!
⚡ Risk management is the key to success! 🚀📢 Disclaimer: The analysis is not considered financial advice, make your decisions wisely. 🚨