⏱ 4-hour timeframe (H4)
✅ Current trend: STRONG UP
-Price has clearly surpassed the upper Bollinger Bands → strong breakout signal.
-Bollinger Bands are expanding to both sides → the market is entering a high volatility phase.
-SMA20 (middle line) is sloping up → clear uptrend.
-No long upper shadow yet → buyers are still in control.
⚠️ Potential risks:
-A technical correction to the 105,500 - 106,000 zone may soon appear.
✅ Recommended strategy:
-Wait for a correction to the middle line (SMA20): around 105,000 - 105,500 → buy order.
-Stop loss (SL): below 104,000.
-Taking profit (TP): 108,500 – 110,000.
📆 Daily time frame (D1) – Brief analysis
✅ Current trend: STARTING BULLISH PHASE
🔍 Technical details:
-Price just broke above SMA20 → bullish reversal signal.
-BB band started to expand after a period of contraction → signaling a strong wave coming.
-The most recent candle is a strong bullish candle, surpassing the old peak → confirming the breakout.
🎯 target:
-Short term: 110,400 (upper BB band).
-If surpassed: next is the 112,000 – 114,000 zone (old strong resistance).
✅ Recommended strategy:
-Can hold buy orders if entering from H4.
-Stop loss below 105,000.
-Hold the order to the upper band or higher if the breakout continues.
*In conclusion, both timeframes confirm the bullish momentum, indicating that Bitcoin is in a breakout phase and has the potential to continue to move higher in the coming sessions, especially if it holds above the $105,000 support zone. However, it is advisable to closely monitor short-term technical corrections for more optimal entry points.