🚀 Bitcoin (BTC/USD) 1H Chart Update!
📊 Current Price: 85,554
📉 Market Insight: BTC is retracing after a strong bullish move—watching key demand zones for a potential bounce!
✅ Key Levels to Watch:
🔹 Resistance: 86,840 - 87,000
🔹 Support Zones:
📍 84,667 - 84,864 ➝ First retracement level
📍 83,575 - 84,074 ➝ Major demand zone
📍 82,260 - 82,475 ➝ Deeper liquidity grab
📈 Bullish Outlook:
BTC could rebound from 84,667 towards 86,800+.
A breakout above 86,840 could push BTC to 88,000+.
📉 Bearish Scenario:
Losing 84,667 may trigger a drop to 83,575.
Further weakness could lead BTC to test 82,260.
⚡ Trade Idea:
🔴 Short below 84,667, target 83,575, SL 85,000.
🟢 Long from 83,575 - 84,074, target 86,000, SL 83,300.
📢 Stay cautious—volatility ahead!
#Bitcoin #BTCUSD #CryptoTrading #SmartMoney #LiquidityZones #FXFOREVER 🚀📊
📊 Current Price: 85,554
📉 Market Insight: BTC is retracing after a strong bullish move—watching key demand zones for a potential bounce!
✅ Key Levels to Watch:
🔹 Resistance: 86,840 - 87,000
🔹 Support Zones:
📍 84,667 - 84,864 ➝ First retracement level
📍 83,575 - 84,074 ➝ Major demand zone
📍 82,260 - 82,475 ➝ Deeper liquidity grab
📈 Bullish Outlook:
BTC could rebound from 84,667 towards 86,800+.
A breakout above 86,840 could push BTC to 88,000+.
📉 Bearish Scenario:
Losing 84,667 may trigger a drop to 83,575.
Further weakness could lead BTC to test 82,260.
⚡ Trade Idea:
🔴 Short below 84,667, target 83,575, SL 85,000.
🟢 Long from 83,575 - 84,074, target 86,000, SL 83,300.
📢 Stay cautious—volatility ahead!
#Bitcoin #BTCUSD #CryptoTrading #SmartMoney #LiquidityZones #FXFOREVER 🚀📊
fxforever
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.
fxforever
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.