$BTC Analysis
๐น Mid-Term: BULLISH
๐น Short-Term: BULLISH
๐ On the H1 timeframe, $BTC is holding its support trendline, adding strength to the current bullish structure. It is also maintaining its horizontal support zone between $96,872 and $96,616, signaling stability and readiness for a potential move.
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MAIN INTEREST LEVELS:
โฌ๏ธ SHORT: $86,616
โฌ๏ธ LONG: $96,872
Predicted Daily Range:
$90,926 - $99,661
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ACTION PLAN: #BTCโ
๐ The price action is holding above key support levels and targeting buy-side liquidity.
๐ If support is lost, a short-term downward movement may occur as liquidity shifts.
๐ Currently consolidating within a rising channel, maintaining this support could trigger further upward momentum. Stay alert for any breakouts or breakdowns.
Reminder: Always trade with proper risk management.