Bitcoin

BTC/USDT 1H Chart Analysis: Breakout Incoming?

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Hey traders! Let’s dive into this juicy BTCUSDT 1-hour chart. Bitcoin is teasing us with some serious action!

We’ve got a textbook symmetrical triangle pattern forming, with price consolidating tightly between converging trendlines. This is a classic setup for a big move — Bitcoin is coiling up like a spring, ready to explode!

The chart shows multiple phases of consolidation, with the latest triangle pushing BTC toward a critical decision point near the weekly high of $95,773.15 and the monthly high of $95,119.06.

anlık görüntü

The price is currently hovering around $95,000, testing resistance. A breakout above the upper trendline could send BTC soaring past $96,600, potentially targeting $97,200 or higher!
On the flip side, a rejection here might see it dip toward the daily low of $92,839.27 or even the lower trendline for support.

Key Levels to Watch:
Resistance: $95,773.15 (weekly high)
Support: $92,839.27 (daily low)
Breakout Target: $97,200+
Breakdown Target: $92,800


✉ What do you think — bullish breakout or bearish?
Drop your thoughts below!

Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.