Bitcoin (BTC/USD) Analysis – 1H

🏛 1. Current Market Structure

📉 Price is currently moving within a small ascending channel after rejecting the red zone (IFVG 1D), but this move might be a bear trap.
⚠️ A downside breakout is likely, aiming to sweep liquidity lower.

🌍 2. Bigger Picture Outlook

🔍 The market could drop toward the grey support zone (below $91,500) before a potential bullish recovery.
📅 Overall structure remains dependent on a key macro catalyst, particularly Jerome Powell's upcoming speech.

🔍 3. Key Technical Observations

🟥 IFVG 1D: Clean rejection from this zone, increasing selling pressure.
📉 Suspicious ascending channel: Often a corrective pattern before continuation downward.
🟩 FVG 1D below: A potential liquidity zone, likely to trigger a reaction if tested.

🎯 4. Short-Term Expectations

📉 Favored bearish scenario:

Channel breakdown

Liquidity sweep

Retest of the grey support area (~$91,000)

📈 Bullish reaction possible afterwards, depending on how price behaves at support and macro conditions.

🔥 5. Upcoming Catalysts

🕰 Powell’s speech on Wednesday: Highly anticipated by the market.
💸 A rate cut could support BTC, but short-term uncertainty keeps pressure on price.
🔎 Until then, expect high volatility as the market seeks clarity.

✅ Conclusion

👉 Current price action suggests a bear trap with a likely liquidity grab to the downside.
📍 Key levels to watch:

Grey support zone (~$91,000)

Green FVG 1D (~$89,000)

Market reaction post-FOMC

⏳ Until the FED decision, the market remains fragile and liquidity-driven.

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t.me/+AeuZKEeio2g4MDM8

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