📊BTC/USD Market Snapshot – May 12, 2025
🔹Current Price: 104,103.42
🔹Timeframe: 1H
📌Key Demand Zone (Support):
🟢 102,322–102,505 – Clean base of the bullish impulse; price respecting this zone multiple times
📈Bullish Outlook:
Price is consolidating in a tight range after a strong impulsive move. As long as the 102,322 zone holds, BTC remains bullish. Break above recent highs could target 105,000+.
📉Bearish Scenario:
If price breaks and closes below the 102,322–102,505 demand zone, expect deeper correction toward 101,000 and 99,800 levels.
⚠️FX Tip:
✅ Use LTF confirmation (5M–15M BOS/CHoCH) for entries
✅ Avoid chasing breakouts – wait for retest
✅ Maintain clear RR plan with tight stops
#BTCUSD #BitcoinAnalysis #PriceAction #SmartMoney #IntradayTrading #FXFOREVER #CryptoSetup #DemandZone
🔹Current Price: 104,103.42
🔹Timeframe: 1H
📌Key Demand Zone (Support):
🟢 102,322–102,505 – Clean base of the bullish impulse; price respecting this zone multiple times
📈Bullish Outlook:
Price is consolidating in a tight range after a strong impulsive move. As long as the 102,322 zone holds, BTC remains bullish. Break above recent highs could target 105,000+.
📉Bearish Scenario:
If price breaks and closes below the 102,322–102,505 demand zone, expect deeper correction toward 101,000 and 99,800 levels.
⚠️FX Tip:
✅ Use LTF confirmation (5M–15M BOS/CHoCH) for entries
✅ Avoid chasing breakouts – wait for retest
✅ Maintain clear RR plan with tight stops
#BTCUSD #BitcoinAnalysis #PriceAction #SmartMoney #IntradayTrading #FXFOREVER #CryptoSetup #DemandZone
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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.