Bitcoin remains in a tight range between $110,221.73 (resistance) and $101,546.27 (support). These two levels are the main reference points for initiating high-probability trades.
🔸 Market Context:
The primary trend is bullish, so the priority remains on long setups.
Short positions should only be considered below $101,546.27 with confirmation.
With the prevailing bullish structure, early entries can be taken with a low-risk trigger at $108,746.08.
🔸 Moving Averages & Momentum:
The SMA 7 has caught up with the daily candles, but we haven’t seen a strong reaction yet.
If today's candle wicks above the SMA 7, we can more confidently pursue long setups starting tomorrow.
Otherwise, we may see a pullback toward the SMA 25, especially given the decreasing volume typical of ranging phases.
🔸 Lower Timeframe Setup (1H/4H):
A micro range box can be observed between $108,746 and $106,649.78.
If price approaches $108,746 with increasing volume, that can serve as a valid long trigger on intraday timeframes.
⏳ Final Note: Patience is key while BTC trades inside this range. The bullish structure remains intact, and opportunities for long trades are more favorable for now. Wait for clean breakouts or volume-based confirmations before entering new trades.
#BTCUSDT #BitcoinAnalysis #CryptoUpdate #BTCPrice #CryptoStrategy #BitcoinRange #LongSetup #TechnicalAnalysis #TradingView
🔸 Market Context:
The primary trend is bullish, so the priority remains on long setups.
Short positions should only be considered below $101,546.27 with confirmation.
With the prevailing bullish structure, early entries can be taken with a low-risk trigger at $108,746.08.
🔸 Moving Averages & Momentum:
The SMA 7 has caught up with the daily candles, but we haven’t seen a strong reaction yet.
If today's candle wicks above the SMA 7, we can more confidently pursue long setups starting tomorrow.
Otherwise, we may see a pullback toward the SMA 25, especially given the decreasing volume typical of ranging phases.
🔸 Lower Timeframe Setup (1H/4H):
A micro range box can be observed between $108,746 and $106,649.78.
If price approaches $108,746 with increasing volume, that can serve as a valid long trigger on intraday timeframes.
⏳ Final Note: Patience is key while BTC trades inside this range. The bullish structure remains intact, and opportunities for long trades are more favorable for now. Wait for clean breakouts or volume-based confirmations before entering new trades.
#BTCUSDT #BitcoinAnalysis #CryptoUpdate #BTCPrice #CryptoStrategy #BitcoinRange #LongSetup #TechnicalAnalysis #TradingView
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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.
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.