✅✨ $BTC
$BTC "Bitcoin in Decisive Phase: Breakout in Sight or Strategic Reversal? See What the 1H Chart Reveals!"
✅ Updated Analysis of the BTC/USDT Chart – 1 Hour View
The market is hot and traders' eyes are glued to the chart: Bitcoin just recorded 103,492.10, marking a rise of +348.60 points (+0.338%) in recent hours. What does this mean for those looking at short-term trades?
When analyzing the 1H chart, we notice a technical behavior that may be signaling a new strong directional move. After testing the low at 102,275.10, the price reacted strongly and sought the region of 104,435.00, a short-term resistance that has not yet been clearly broken.
What are the indicators saying?
10-period Moving Average (MA10): 103,589.44 – the price is slightly below it, indicating a possible lateralization in the short term.
30-period Moving Average (MA30): 103,208.99 – acting as dynamic support.
MACD (12,26,9): although negative (-89.70), the DIF and DEA are approaching, suggesting a possible trend reversal.
Volume is slightly decreasing, which may indicate consolidation before a directional explosion.
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✅✨ Possible Scenario for Buyers:
If Bitcoin breaks the resistance of 104,435.00 with strength and volume, we could see the asset quickly test the range of 105,000 to 106,200, opening up space for more ambitious targets still this week.
Ideal entry: Above 104,500 with confirmation of a strong candle and increasing volume.
Suggested stop: Below 103,000.
Suggested targets: 105,200 / 106,800 / 108,000.
✨ Possible Scenario for Sellers:
If BTC loses the support of 102,700.00, selling pressure may intensify. This would open up space for a test at the levels of 101,960.00 and even 100,000.00, a strong psychological zone.
Ideal entry: Below 102,700 with a strong selling candle.
Suggested stop: Above 104,000.
Suggested targets: 101,960 / 100,200 / 98,700.