BTC/USDT 1H: Bulls Accumulating for a Breakout Toward $106K 
2025-01-29
Category: None

BTC/USDT 1H Chart Analysis
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Current Market Structure: 
 
 Accumulation phase ongoing after recent drop.
 Hidden Bullish Divergence: RSI showing higher lows while price consolidates at key demand zone.
 
 Smart Money Activity:  
 
 Market makers accumulated heavily at $99K-$100K, positioning for markup.
 

 Key Levels: 
 
 Entry Zone: $102,400 - $102,600
 Targets:
 T1: $103,800
 T2: $105,200
 T3: $106,400
 Stop Loss: Below $101,800
 
 
 Risk Score: 
 
 7/10 (favorable risk/reward with strong technical setup but watch for volatility).
 

 Market Maker Intent: 
 
 Accumulation nearly complete, expecting breakout toward liquidity zones.
 Volume profile confirms institutional interest at current levels.
 Break above $103,800 confirms bullish continuation.
 
 
Recommendation: 
 
 Long positions favorable within $102,400-$102,600 range.
 Monitor volume to confirm breakout momentum.
 Maintain tight stops to protect against market volatility.
 Confidence Level: 8/10 for bullish continuation.
 
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