📊 BTCUSD Daily Analysis
BTC has respected the weekly demand zone and delivered a strong bullish displacement from the 64,434 – 58,901 range, showing a solid reversal structure. After that, price maintained a positive trend for nearly two months, confirming a bullish bias in the market.
In the recent move, BTC tapped the 75,988 high and took liquidity there. The next important liquidity level remains at 79,229, and until that area reacts, the upside bias can remain intact.
On the daily timeframe, there is still one important lower level left, where a weekly FVG and daily order block are forming. So far, the market has not shown any strong reversal signal, which means immediate bearish confirmation is still missing.
🔻 Trade Scenario
If price rejects from 79,229, a short-term correction may occur. However, the monthly selling area + FVG range at 80,977 – 79,283 is still a major resistance zone and can act as a key area to push BTC lower.
At the same time, the 74,500 zone has formed as a demand area and can work as short-term support. If price retraces into this area and shows a reaction, a strong bounce can be expected.
🎯 Key Levels
Monthly selling area / FVG: 80,977 – 79,283
Next liquidity level: 79,229
Recent high / liquidity taken: 75,988
Demand zone: 74,500
Weekly POI / Demand zone: 70,382 – 67,736
Major higher demand zone: 64,434 – 58,901
🔴 Bias and Outlook
For now, the bullish bias remains intact unless price cleanly rejects from the monthly selling area.
If BTC shows a strong rejection from 80,977 – 79,283, downside correction may begin. In that case, the 74,500 demand zone will be the first reaction area, and if that breaks, the 70,382 – 67,736 zone becomes the next major support.
If price sustains above the monthly zone, then bullish continuation remains possible.
🌍 Fundamental Outlook
From a fundamental perspective, Bitcoin is still highly sensitive to macro liquidity and overall risk sentiment. Tight financial conditions, rate expectations, and institutional flows continue to have a direct impact on BTC price action.
So, the current rally should still be viewed as a liquidity-driven move, and a rejection from the major selling zone could increase the probability of a broader correction.
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.
BTC has respected the weekly demand zone and delivered a strong bullish displacement from the 64,434 – 58,901 range, showing a solid reversal structure. After that, price maintained a positive trend for nearly two months, confirming a bullish bias in the market.
In the recent move, BTC tapped the 75,988 high and took liquidity there. The next important liquidity level remains at 79,229, and until that area reacts, the upside bias can remain intact.
On the daily timeframe, there is still one important lower level left, where a weekly FVG and daily order block are forming. So far, the market has not shown any strong reversal signal, which means immediate bearish confirmation is still missing.
🔻 Trade Scenario
If price rejects from 79,229, a short-term correction may occur. However, the monthly selling area + FVG range at 80,977 – 79,283 is still a major resistance zone and can act as a key area to push BTC lower.
At the same time, the 74,500 zone has formed as a demand area and can work as short-term support. If price retraces into this area and shows a reaction, a strong bounce can be expected.
🎯 Key Levels
Monthly selling area / FVG: 80,977 – 79,283
Next liquidity level: 79,229
Recent high / liquidity taken: 75,988
Demand zone: 74,500
Weekly POI / Demand zone: 70,382 – 67,736
Major higher demand zone: 64,434 – 58,901
🔴 Bias and Outlook
For now, the bullish bias remains intact unless price cleanly rejects from the monthly selling area.
If BTC shows a strong rejection from 80,977 – 79,283, downside correction may begin. In that case, the 74,500 demand zone will be the first reaction area, and if that breaks, the 70,382 – 67,736 zone becomes the next major support.
If price sustains above the monthly zone, then bullish continuation remains possible.
🌍 Fundamental Outlook
From a fundamental perspective, Bitcoin is still highly sensitive to macro liquidity and overall risk sentiment. Tight financial conditions, rate expectations, and institutional flows continue to have a direct impact on BTC price action.
So, the current rally should still be viewed as a liquidity-driven move, and a rejection from the major selling zone could increase the probability of a broader correction.
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.
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.