📊 Market Update — Bitcoin (BTC/USDT)
BTC has successfully confirmed the low time frame zone, holding steady above both the support and volume range, which signals continued short-term strength.
Currently, price action is consolidating within the upper boundary of the range — a sign of buyer absorption before potential expansion.
🔹 Key Level to Watch: $116.6K
This level acts as an important confirmation point — a 1-hour (or higher) close above this zone could validate a breakout continuation, opening the path toward the $120K–$125K range.
If BTC sustains this structure, the bullish momentum remains intact, with low time frame structure aligning with higher trend support.
📈 Bias: Bullish Continuation
🎯 Next Targets: $116.6K → $120K → $125K
BTC has successfully confirmed the low time frame zone, holding steady above both the support and volume range, which signals continued short-term strength.
Currently, price action is consolidating within the upper boundary of the range — a sign of buyer absorption before potential expansion.
🔹 Key Level to Watch: $116.6K
This level acts as an important confirmation point — a 1-hour (or higher) close above this zone could validate a breakout continuation, opening the path toward the $120K–$125K range.
If BTC sustains this structure, the bullish momentum remains intact, with low time frame structure aligning with higher trend support.
📈 Bias: Bullish Continuation
🎯 Next Targets: $116.6K → $120K → $125K
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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.
NOT TRADING ADVICE
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.