$BTC 🚨🚨Analysis $BTC (Personal) – Still a bullish trend, but with caution!
In the daily chart, $BTC has been recovering well since the pullback that took the price down to $74,434. The movement remains within a clear range, with strong resistance at $88,000 and support in the $74,000 zone.
❓❓One point that caught my attention was the increase in volume at the base of the channel, which may indicate accumulation or even capitulation. For me, the best zone for long entries is between $80,000 and $82,000, and the target remains at the upper part of the range — unless there is a breakout with convincing volume.
4️⃣📈In the 4h chart, BTC reacted well at $74,588, rising to $86,084. Now, the price is losing strength, which may be a sign of profit-taking. The zone between $82,000–$83,000 remains an interesting re-entry point. But if it loses $85,000, a pullback to lower levels may occur.
1️⃣📈In the 1h chart, BTC dropped from $86,000 to around $83,500, with selling volume increasing. There is immediate support at $82,784, and there may be a short bounce up to $85,500 — but it's good to have a well-adjusted stop because the risk of a breakdown still exists.
✅ Bullish Scenario:
If BTC can maintain itself above the $82,000–$83,000 range and form a bullish reversal pattern with increasing volume support, there is a strong possibility of continuation towards the resistance at $88,000. A confirmed breakout above this level, especially on the daily chart, would change the structure to a clearly bullish trend, potentially paving the way for new highs beyond $90,000.
❌ Bearish Scenario:
Failure to maintain support close to $82,000, especially if accompanied by an increase in selling volume, could trigger a deeper correction towards the $78,000 level. A break below this threshold would confirm a short-term trend reversal, increasing the likelihood of a test of the broader support zone at $74,000, with bearish momentum gaining strength in higher timeframes.