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BREAKING: Trump Secret for Crypto and
Bitcoin
revealed
$BTC
Reason to buy more
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Bitcoin's Next Move: Analyzing Bullish Divergence Amidst Market Volatility Bitcoin is trading around $93,590 after a sharp retracement from recent highs. In today's analysis, we’ll break down the current price action, key support and resistance zones, and a potential bullish divergence spotted on the 1-hour chart. 📊 Market Overview On the daily chart, $BTC has been consolidating within a broad range, rejecting $99,500 as resistance while holding support around $93,300 - $91,700. We are currently testing a critical demand zone, highlighted in orange, where price has previously reacted strongly. Zooming into the 1-hour chart, Bitcoin has been forming lower lows in price, but the RSI shows higher lows, signaling a potential bullish divergence that could lead to a relief bounce. 📍 Key Levels 📌 Resistance: $95,856 - First key resistance $97,486 - Mid-range resistance $99,500 - Major resistance zone 📌 Support: $93,399 - Immediate support $91,747 - Key demand level $85,840 - Major downside support if breakdown occurs 🔎 Bullish Divergence on the 1H Chart Looking at the 1-hour RSI, we can see that: ✅ Price is making lower lows ✅ RSI is making higher lows This indicates bullish divergence, suggesting potential strength from buyers in this demand zone. If BTC holds above $93,300, we could see a move back toward $95,300 - $97,500. Bullish Divergence 1H 💡 Takeaway $BTC is at a key support zone and forming bullish divergence. A break above $94,738 could confirm upside momentum. If BTC loses $91,700, further downside toward $85,800 is likely. Technical analysis 1D 🎯 Trade Setup 📈 Long Entry: $93,500 - $93,800 🎯 Target: $95,300 - $97,500 🛑 Stop Loss: Below $91,700 #Bitcoin is at a decision point! Will buyers step in to push prices higher, or will sellers take control? Let me know in the comments what you think, and don’t forget to like & follow ( @ThinkALTCOIN )
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