📊 BTC/USDT – 1H Chart Analysis: The Calm Before the Storm?
Bitcoin is currently coiling within a symmetrical triangle on the 1-hour chart – a technical pattern that often signals a strong breakout is just around the corner. The market is compressing, and momentum is building.
🔍 Key Levels to Watch:
🔹 Symmetrical Triangle:
BTC is squeezing between descending resistance and ascending support. This equilibrium usually doesn’t last long – expect a sharp move soon.
🔹 Demand Zone ($$$ / BPR):
A solid floor is forming near the BPR (Bullish Price Range), signaling potential buyer interest and liquidity resting just below.
🔹 Fair Value Gap (FVG):
To the upside, BTC is facing a liquidity pocket (FVG) that could act as a magnet if bulls take control.
⚡ Potential Scenarios:
📈 Bullish Breakout: A break and close above the triangle could trigger a rally towards the $105K–$106K zone. Watch for volume to confirm!
📉 Bearish Breakdown: Losing the lower trendline support might send BTC into a deeper correction toward previous demand zones.
🧠 Final Thoughts:
We're approaching a critical inflection point. The triangle is narrowing, and Wednesday, June 25 could be the date the market decides. Both bulls and bears should prepare for volatility.
🚨 As always: This is not financial advice.
🧠 DYOR – Do Your Own Research.
Manage risk. Trade smart. Stay sharp. 💹
Bitcoin is currently coiling within a symmetrical triangle on the 1-hour chart – a technical pattern that often signals a strong breakout is just around the corner. The market is compressing, and momentum is building.
🔍 Key Levels to Watch:
🔹 Symmetrical Triangle:
BTC is squeezing between descending resistance and ascending support. This equilibrium usually doesn’t last long – expect a sharp move soon.
🔹 Demand Zone ($$$ / BPR):
A solid floor is forming near the BPR (Bullish Price Range), signaling potential buyer interest and liquidity resting just below.
🔹 Fair Value Gap (FVG):
To the upside, BTC is facing a liquidity pocket (FVG) that could act as a magnet if bulls take control.
⚡ Potential Scenarios:
📈 Bullish Breakout: A break and close above the triangle could trigger a rally towards the $105K–$106K zone. Watch for volume to confirm!
📉 Bearish Breakdown: Losing the lower trendline support might send BTC into a deeper correction toward previous demand zones.
🧠 Final Thoughts:
We're approaching a critical inflection point. The triangle is narrowing, and Wednesday, June 25 could be the date the market decides. Both bulls and bears should prepare for volatility.
🚨 As always: This is not financial advice.
🧠 DYOR – Do Your Own Research.
Manage risk. Trade smart. Stay sharp. 💹
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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.
Join My Telegram Channel For Getting Free Signals and Analysis 👇👇
t.me/fxinsighthub7
t.me/fxinsighthub7
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.