₿ BTCUSD – 1H CHART ANALYSIS
Bitcoin is currently moving towards a strong resistance zone around $78,100–$78,350, where sellers may attempt to take control.
The market is showing a gradual bullish recovery, but price is now approaching an important decision area.
🔴 Bearish Scenario:
If BTC fails to break the resistance zone and shows strong rejection, we may see a downside move towards $77,600, followed by $76,000.
🟢 Bullish Scenario:
If price successfully breaks above the supply zone and sustains its position, further upside towards $79,800–$80,000 could become possible.
🎯 My Focus:
I am watching the reaction around the resistance zone. A clear breakout or confirmed rejection will determine the next potential move.
⚠️ No blind entries. Wait for confirmation and always protect your SL.
Patience is the key. Let the market show its direction.
Bitcoin is currently moving towards a strong resistance zone around $78,100–$78,350, where sellers may attempt to take control.
The market is showing a gradual bullish recovery, but price is now approaching an important decision area.
🔴 Bearish Scenario:
If BTC fails to break the resistance zone and shows strong rejection, we may see a downside move towards $77,600, followed by $76,000.
🟢 Bullish Scenario:
If price successfully breaks above the supply zone and sustains its position, further upside towards $79,800–$80,000 could become possible.
🎯 My Focus:
I am watching the reaction around the resistance zone. A clear breakout or confirmed rejection will determine the next potential move.
⚠️ No blind entries. Wait for confirmation and always protect your SL.
Patience is the key. Let the market show its direction.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.