This is a follow-up on my previous BTC analysis where I was expecting a higher high after a clean breakout and retest on the 4H timeframe.
On the 1H chart, we now have a clearer view of the local structure — price is forming higher lows and holding above the demand zone, which aligns with the main idea.
The plan remains the same: as long as price holds above 111.2k–112k, I expect bullish continuation toward 117k first, then 124k as the final higher high target.
Stop loss remains unchanged, below 111.2k.
This update is mainly focused on intraday confirmation and shorter-term entry refinement.
On the 1H chart, we now have a clearer view of the local structure — price is forming higher lows and holding above the demand zone, which aligns with the main idea.
The plan remains the same: as long as price holds above 111.2k–112k, I expect bullish continuation toward 117k first, then 124k as the final higher high target.
Stop loss remains unchanged, below 111.2k.
This update is mainly focused on intraday confirmation and shorter-term entry refinement.
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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.