#BTCWhaleTracker
๐ TECHNICAL ANALYSIS (1D Chart โ Binance)
โ Trend Overview
Bitcoin continues its bullish breakout, pushing toward local highs.
The price has moved from 92,800 to 123,218, marking strong upward momentum.
Consistent higher highs and higher lows indicate a healthy trend continuation.
๐ Key Levels
Resistance
123,218 (Recent top)
124,738 (Next breakout zone)
Support
117,453 (24h low)
111,354 (Short-term support)
104,663 / 97,971 (Deeper pullback zones)
๐ Indicators:
MA(5): 19,610
MA(10): 18,409
โก๏ธ Price is well above both = strong momentum confirmation
Volume: Spiking with each breakout, indicating institutional participation
๐ฆ VOLUME & ORDER BOOK ANALYSIS
๐ฝ Buyers Side
Strong buying interest around 117,000โ118,500 USDT
High bid density in this zone suggests accumulation phase continues
๐ผ Sellers Side
Major sell walls at 120,500โ123,500
Traders may face resistance near previous highs
๐ Order Book Bias
Currently buyer-dominant, with price action confirming support under demand.
๐ง FUNDAMENTAL ANALYSIS & MARKET SENTIMENT
๐ฐ Recent Catalysts
BTC & ETH Options Expiry: Expected to cause volatility and potential trend acceleration.
Macro Tailwinds
Fed's rate pause increases investor risk appetite
USD weakening=BTC demand rising
ETF & Institutional Flows: Bitcoin ETFs showing net inflows, supporting bullish narrative
On-chain Activity
Exchange reserves decreasing=HODLers accumulating
Stable hash rate=strong network health
๐ Global Risk Factors
Regulatory updates remain neutral in the US, but any surprise moves could impact price.
Geopolitical tensions can cause safe-haven buying or risk-off drops.
๐งญ OUTLOOK
Time Frame Sentiment Target Short-Term๐ผ Bullish123,000โ125,000 USDT Mid-Term๐ผ Bullish130,000+ if breakout sustained Downside Risk๐ฝ Pullback111,000โ104,000 support zone
โ STRATEGIC INSIGHTS
"Strong trend, healthy volume, and macro tailwinds favor continued upsideโbut stay cautious near resistance. Watch for breakouts or retracement entries
