$BTC

BTC Analysis (1hour)

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Bias

Mid-term: Bullish

Short term: Bearish

After making a successful new top btc wicked below after the trump tariff news and holds above the key support area.

Although it's a sudden dump but technically it's a good retracement for the next leg up till we hold the above support.

After the dump btc started recovering quickly but got rejec6tion from vwap and made another low.

Now price breakouts the symmetrical triangle and now trying to retest that.Now if price reclaim vwap and daily(109600) then we have an opportunity for long trade targets should be above the last highs.

If not able to reclaim vwap and retest fails then wait for price to retrace till golden pocket around 106k then look for long from there.always play levels and wait for market comes to you.