$BTC
Bitcoin Analysis Update - Time Frame 1 Hour
Current Price: $101,295
Trend: Strong Bullish Continuation
Price Structure:
BTC recorded a new high at $101,707, confirming the continuation of bullish momentum.
The moving averages MA(7) and MA(25) are trending upwards, clearly indicating the strength of the short-term trend.
Price corrections are shallow, indicating strong buying demand in the market.
Key Supports:
Area 100,290 → 99,043 (Intersection with MA25)
Resistance Area:
101,707 → 102,123
Outlook:
A confirmed breakout above the 101.7K level could drive BTC directly towards 103K as the next psychological target.
Any drop near MA25 could be considered a golden opportunity to enter new buy positions.
The market is heating up, and the bullish momentum continues strongly… Are you ready for the next phase?
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