Bitcoin Analyze (BTCUSDT), 1-hour time frame⏰ In the last week, Bitcoin established a solid support level around 92K. It has made two attempts to break the support level and encountered significant resistance above 100K. If we look at the one-hour time frame, Bitcoin is now trading in a rectangular pattern.
Note: If Bitcoin breaks below the Support zone($92000,000-$90,500), there is a high probability that Bitcoin will go below $88,000.⚠️
Note: If Bitcoin breaks above the resistance zone($100,000-$101,000), there is a high probability that Bitcoin will go above $104,000.⚠️
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