๐ BTC/USD Detailed Chart Analysis โ 28 May 2025
๐ Time Frame Overview
Daily (1D): Uptrend
4-Hour (4HR): Bullish continuation with minor pullbacks
1-Hour (1HR): Range-bound/consolidation
๐งญ Current Price Action
Price: $108,850 approx
Structure: BTC is consolidating near its All-Time High (ATH) zone.
Observation:
Attempted to test the 4HR Demand Zone (DZ), but bounced early.
Indicates buyers are active, but strength is yet to be confirmed for a breakout.
๐ข Key Demand Zones (DZ)
4HR-DZ (Near Term):
Range: $106,900 โ $109,700
Market may revisit this zone for liquidity before any significant upmove.
If retested, could offer a strong long opportunity.
4HR-DZ (Deeper Zone):
Range: $102,400 โ $104,000
Stronger base, ideal for positional long entries if price drops further.
๐ด Key Supply Zone (SZ)
4HR-SZ / 1HR-SZ:
Range: $110,800 โ $111,500
This zone has rejected price multiple times.
Only a clean breakout above this level can confirm new ATHs.
๐ Possible Price Scenarios
Pullback to Demand Zone (DZ):
Price may dip to $109,700โ$106,900 to grab liquidity.
Deeper Dip:
If weakness continues, price could test $104,000โ$102,400 before rebounding.
Breakout Above ATH:
If bullish pressure sustains without deep pullbacks, BTC could break the supply zone and post new highs.
Range-bound Action:
Price might consolidate between the demand and supply zones for the next few sessions.
๐ฏ Trading Plan
Buy only at demand zones
Sell only at supply zones
โ Trading Rules:
Strict SL: Never trade without a stop loss.
Proper R:R: Minimum Risk:Reward = 1:2
Wait for Confirmation: Trade only with candle confirmation, avoid impulsive entries.
๐ Summary
BTC is in a healthy uptrend but facing resistance near ATH. With demand zones below, it offers a potential for swing buys if tested. Traders should be patient and trade only with high-probability setups near key zones.
๐ง Pro Tip:
โDonโt chase the price. Let price come to your zone. Patience is the key.โ