🔍 1D CHART OVERVIEW:
Price is approaching the upper band of BB.
MA20 is pointing up → positive sign.
Trend: Price has broken out of the resistance zone near MA20, now approaching the resistance zone of 110,000 USD.
The most recent candle is a strong bullish candle, closing near the peak → buying pressure is still strong.
🔎 D1 chart conclusion: BTC is in a medium-term uptrend, but approaching the resistance zone — the risk of a slight correction or sideways accumulation may occur before the next breakout.
⏱️ 4H CHART:
Price touches the upper Bollinger band and is showing signs of slowing down → warning of short-term overbought zone.
BB is expanding → strong fluctuations are taking place, which may signal preparation for a short-term correction.
MA20 under the H4 frame is providing good support around 106,600 - 106,800.
📌 H4 Conclusion: BTC may have a slight technical correction to the 106,000 - 106,500 zone before continuing to bounce. If it breaks the MA20 H4, there is a risk of testing 104,500 - 105,000.
📊 MOST LIKELY SCENARIO:
Highest probability (~60-70%) in the next few sessions:
✅ BTC makes a slight correction → accumulates around 106k - 107k → then continues to increase to test the 110k - 111k zone.
🔁 If BTC fails to surpass 110k, a distribution zone and sideways top may form.
🎯 SUGGESTED STRATEGIC ACTION 🙂
Holding BTC: Continue to hold, wait for partial closing at 110,000 - 111,000.
Waiting to buy: Wait for the price to adjust to the 106,000 - 105,000 zone.
Warning: If 104,500 is broken → BTC may return to a downtrend in the short term.\