BTC/USDT 1H: Bulls Aim for $106.8k After Key Recovery ! 
2025-01-28
Category: None

BTC/USDT 1H Chart Analysis
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 Current Market Structure: 
 
 Bullish recovery underway after a liquidity sweep at 98.4k.
 Hidden Bullish Divergence: Higher lows on RSI while price made lower lows, indicating potential for further upside.
 
 
 Smart Money Activity: 
 
 Accumulation phase appears complete.
 Market now transitioning to markup phase with strong institutional buying evident.
 

 Key Levels: 
 
 Entry Zone: 101.8k-102.2k
 Targets:
 T1: 104.4k
 T2: 106.8k
 Stop Loss: Below 98.2k (recent sweep).
 

 Risk Score: 
 
 7.5/10 (favorable R:R with clear invalidation).
 

 Market Maker Intent: 
 
 Previous distribution attempt at 104.4k failed, suggesting a move to target liquidity near prior highs.
 Volume profile supports the bullish narrative, with strong accumulation complete.
 
 
 Recommendation: 
 
 Long positions are favorable within the 101.8k-102.2k range.
 Maintain tight stops below 98.2k to limit downside risk.
 Monitor price action near 104.4k for potential resistance.
 Confidence Level: 8/10 for bullish continuation.
 
 
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