$BTC

🧠 BTC/USD Detailed Analysis


Date: 17-May-2025

Exchange: Coinbase

Current Price: $103,500



📍 Key Timeframe Analysis


🕐 1-Hour (Intraday View)



  • Consolidation Phase: Price is moving sideways within a tight range.




  • Support: Around $102,000




  • Resistance: Around $104,000




  • Implication: Short-term indecision; wait for breakout or breakdown.




🕓 4-Hour (Swing View)



  • Trend: Still bullish, forming a higher high, higher low structure.




  • Supply Zone: $103,500–$104,000 (price reacting here)




  • Demand Zone: $101,800–$100,000





⚠️ Price is struggling to break above the supply zone, indicating potential short-term resistance.



📅 Daily (Macro View)



  • Trend: Strong bullish momentum overall.




  • Currently: Price is consolidating just under weekly supply zone.




  • Demand Zone Below: $97,260–$94,870




  • Weekly Structure: Creating a potential bullish continuation pattern.





🔍 What Price Is Doing Now?




  1. Playing inside the weekly supply zone




  2. Holding levels with minor pullbacks




  3. Structuring for a possible buy-side breakout





🧭 Possible Scenarios


✅ Bullish Case:



  • Break above $104,000 → Retest → Rally to new All-Time High




⚠️ Bearish Case:



  • Rejection at supply zone

    → Pullback towards $97,260 – $94,870

    → Potential long entries from this demand zone





📌 Trading Instructions



💥 Play ONLY levels. No overtrading.





  • 📈 Buy only at DEMAND zones




  • 📉 Sell only at SUPPLY zones




  • ⚖️ Use strict SL




  • 🎯 Minimum R:R = 1:2




  • ✅ Wait for proper confirmation setup





Summary




  • BTC is bullish on higher timeframes.




  • Price is consolidating just under key resistance.




  • Watch for breakout or pullback to demand for better entries.




🖼️ Charts by: @tradingalgo2025

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