Long

BTC/USDT 1H: Accumulation in Play – Breakout Above $99K?

BTC/USDT 1H: Analysis
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Current Market Structure:

Price ranging between $94,500 - $98,500, showing lower timeframe bullish momentum.
Institutional accumulation visible at the $95,500 support zone, indicating Smart Money interest.
Hidden bullish divergence on RSI—higher lows forming while price prints lower lows.

Smart Money Analysis:

Market Makers accumulating within the ascending triangle formation, suggesting a breakout setup.
Liquidity likely being engineered below $96,000 before an upward move.

Trade Setup:

Entry Zone: $97,400, with scaled buys down to $96,800.
Targets:
T1: $98,200.
T2: $98,500.
T3: $99,000.
Stop Loss: Below $96,400 (recent structure low).
Risk Score:

7/10 – Favorable long setup, but liquidity sweeps below $96,000 remain a risk.
Market Maker Intent:

Accumulation phase evident, with higher lows forming inside an ascending triangle.
Expect liquidity grabs below $96,000 before a potential breakout.
Break above $97,800 confirms bullish momentum for aggressive entries.

Recommendation:

Long positions favorable within $96,800 - $97,400.
Watch for a breakout above $97,800 before aggressive entries.
Maintain tight stops below $96,400 to limit downside exposure.

Confidence Level:

8/10 – Strong accumulation phase supports a bullish breakout setup.

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Cryptokijker

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Cryptokijker