Bitcoin 1H Strategy: Strong Support & Targets

Chart timeframe: 1H Bitcoin analysis, post-ETF volatility pattern.
  1. Current price: $91,824.
  2. Support zone: $89,300 ("Discount" zone) – held strong during recent selloff.
  3. Resistance zone: $95,800 ("Premium" zone).
  4. Key price action:
  5. V-shaped recovery from $89,300 signals strong buyer interest.
  6. Quick bounce suggests institutional dip-buying post-ETF launch.
  7. Setup rating: 7/10 for longs above $92,300.
  8. Targets:
  9. First target: $94,250 (POL level).
  10. Second target: $95,800 (Premium zone).
  11. Risk management: Keep stop-loss below $89,300.

What do you think of this setup? 🚀
BTCUSDChart PatternsTrend Analysis

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