Bitcoin
Long
Updated

BTC/USD 1 HOUR CHART ANALYSIS

219
May be market bullish in uptrend , price is falling in a few days now market bullish trend .

📊Trade Setup:
Entry : Near current price inside uptrend channel.
Stop Loss : Below the demand zone $100,417.
Target : $104990 near previous highs.

🧭Technical Analysis Overview:

🔻Previous Trend:
Market was bearish with a strong drop from the supply zone.
Formed a clear downtrend, now possibly reversing.

🔺Current Structure:
Uptrend channel is visible, with price forming higher highs and higher lows.
The price is approaching the supply zone, which could act as resistance.

✅Bullish Signs:
Price respecting demand/support area.
Super trend flipped bullish above $100,417.
Channel breakout could signal stronger upward momentum.
Trade closed: stop reached
Sorry guys Stop loss hit . ready for next target.

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