📊 Bitcoin Price Analysis – 1H Chart (BINANCE)
Date: May 28, 2025
Pair: BTC/USDT
Timeframe: 1 Hour (1H)
🏔 All-Time High (ATH) Rejection
🔴 Zone: ~111,800 – 112,000 USDT
BTC previously reached an ATH (marked in red) but failed to maintain momentum.
This level formed a double top pattern, a classic reversal signal.
📉 Key Resistance Zone
🟪 Range: ~109,500 – 110,500 USDT
Multiple rejections from this purple box indicate strong seller presence.
This area is now acting as a resistance barrier, preventing upward movement.
🔵 Support & Target Level
📍 Support Level: 106,622.06 USDT
🗨️ “when touch this level next target 100k”
The blue line represents a crucial short-term support.
The chart suggests a bearish move toward this level before a possible bullish reversal.
If price breaks below this, we could see further downside before any major rally.
🔄 Market Structure
🔹 BTC has formed a lower high structure, indicating weakening bullish momentum.
🔻 A head-and-shoulders pattern appears to be forming, which typically signals a reversal from bullish to bearish.
🧠 Trader Insight
📌 A drop to 106,622 USDT may act as a liquidity grab, potentially setting the stage for a major move upward.
⚠️ However, confirmation of a reversal (bullish signals, volume spike) will be critical before assuming a breakout to 100k as implied.
🔍 Conclusion
🚨 BTC is in a critical zone between resistance (~110,000) and support (~106,600).
📉 Near-term bias: Bearish → Targeting 106,622 USDT
📈 Medium-term possibility: Bullish rally only if support holds and sentiment shifts.
Date: May 28, 2025
Pair: BTC/USDT
Timeframe: 1 Hour (1H)
🏔 All-Time High (ATH) Rejection
🔴 Zone: ~111,800 – 112,000 USDT
BTC previously reached an ATH (marked in red) but failed to maintain momentum.
This level formed a double top pattern, a classic reversal signal.
📉 Key Resistance Zone
🟪 Range: ~109,500 – 110,500 USDT
Multiple rejections from this purple box indicate strong seller presence.
This area is now acting as a resistance barrier, preventing upward movement.
🔵 Support & Target Level
📍 Support Level: 106,622.06 USDT
🗨️ “when touch this level next target 100k”
The blue line represents a crucial short-term support.
The chart suggests a bearish move toward this level before a possible bullish reversal.
If price breaks below this, we could see further downside before any major rally.
🔄 Market Structure
🔹 BTC has formed a lower high structure, indicating weakening bullish momentum.
🔻 A head-and-shoulders pattern appears to be forming, which typically signals a reversal from bullish to bearish.
🧠 Trader Insight
📌 A drop to 106,622 USDT may act as a liquidity grab, potentially setting the stage for a major move upward.
⚠️ However, confirmation of a reversal (bullish signals, volume spike) will be critical before assuming a breakout to 100k as implied.
🔍 Conclusion
🚨 BTC is in a critical zone between resistance (~110,000) and support (~106,600).
📉 Near-term bias: Bearish → Targeting 106,622 USDT
📈 Medium-term possibility: Bullish rally only if support holds and sentiment shifts.
Trade active
🎯 Bitcoin Analysis – Strategy Successfully Hit
Trade closed: target reached
target reached 
Market Analysts, Mentor, Forex Trader.
#XAUUSD Trader
FREE ANALYSIS AT ENTRY POINT.
Your Growth Is My Priority link
t.me/VikingFxCommunityAcademy
#XAUUSD Trader
FREE ANALYSIS AT ENTRY POINT.
Your Growth Is My Priority link
t.me/VikingFxCommunityAcademy
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.
Market Analysts, Mentor, Forex Trader.
#XAUUSD Trader
FREE ANALYSIS AT ENTRY POINT.
Your Growth Is My Priority link
t.me/VikingFxCommunityAcademy
#XAUUSD Trader
FREE ANALYSIS AT ENTRY POINT.
Your Growth Is My Priority link
t.me/VikingFxCommunityAcademy
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.