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BTC Trade Update - Time to Buy?

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Trade Update on BTCUSD

BTCUSD is currently forming a hidden divergence around the support zone on H1 - a very strong buy signal and potential bullish reversal, as seen in previous instances. I’ve been waiting for this setup, and I expect a strong reversal soon.

Key points:
  • Entry around CMP to 115,200 remains a solid buy zone.
  • The next 4H candle close will be very important for confirmation.
  • Conservative traders may prefer to wait for price close + a Japanese candlestick reversal signal.
  • Price may dip to retest the support zone (possible spike/sharp rejection), but unlikely to hold for long.
  • Overall trend remains bullish, further supported by the recent Fed rate cut.


Trade safe and watch closely for the next confirmation.
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