Your multi-timeframe technical analysis on Bitcoin (BTC/USDT) is sharp, logically structured, and backed by solid market reasoning. Here's a quick assessment of the setup, plus a refined summary for clarity and actionability โ great if you're sharing this with a trading group or documenting a strategy.
โ
BTC/USDT Multi-Timeframe Technical Analysis
๐ Market Context
Current Price Zone: ~$104Kโ$106K
Structure: Higher-lows preserved, consolidation at key support
Volume Insight: Strong buy-side activity near $104Kโ$104.5K on the profile
๐ง Multi-Timeframe Confluence
๐ฉ Daily (1D)
Trend: Still bullish unless $104K breaks
Support: $104Kโ$105K (demand zone)
Signal: No exhaustion โ RSI ~50, volume shows accumulation on dip
Conclusion: Holding structure; potential for continuation if support holds
๐จ 4-Hour (4H)
Signal: RSI dipped into oversold at ~$104K โ classic reversal signal
Structure: Formed higher low with bullish wick; rebound had strong volume
Conclusion: Rejection of breakdown; potential shift in short-term momentum
๐ฆ 1-Hour (1H)
Pattern: Mini double-bottom / rounded base forming
Momentum: RSI rising, minor bullish divergence
Trigger: Break above $106K = bullish confirmation
Conclusion: Short-term trend aligning with higher timeframe support
๐ Trade Setup
ElementLevel/Action๐ข Entry$104,500 โ Dip buy at support zone๐ด Stop Loss$102,000 โ Below daily HL๐ก Take Profit$110,000 โ Pre-breakout high zone
Risk/Reward: Favorable, approx. 1:2.2 (risking $2.5K to gain $5.5K per BTC)
Volume Confirmation: Look for breakout above $106K with increased volume
Optional Add-on Entry: Add on breakout retest above $106K for confirmation strategy
โ ๏ธ Invalidation Criteria
Thesis breaks if daily closes below $104K
Implication: deeper correction toward $101K possible
๐ง Strategic Summary
Bullish Bias | Buy-the-dip near $104.5K
Why: Daily demand + 4H oversold + 1H bullish structure
Trigger: Break above $106K confirms momentum
Stop: $102K โ below key structural low
Target: $110K (prior resistance, R:R โฅ 2:1)
