BTC/USDT 1H: Bulls Gearing Up for $108.5K After Key Breakout!!
2025-01-30
Category: None

BTC/USDT 1H Chart Analysis
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 Current Market Structure: 
 
 Bullish momentum developing after recent consolidation at 104.2K.
 RSI: 58, indicating room for further upside without overbought conditions.
 Breakout Confirmation: Previous resistance broken with strong volume.
 

 Smart Money Activity: 
 
 Liquidity Hunt Completed: Market makers swept 102K level before reversal.
 Accumulation Phase Evident: Smart money positioning for markup phase.
 Institutional Buying Pressure: Clear demand visible in price action.
 

 Key Levels: 
 
 Entry Zone: 104.2K - 104.5K
 Targets:
 T1: 106.2K
 T2: 108.5K
 Stop Loss: Below 102.8K
 
 Risk Score: 
 
 7/10 (Moderate risk, favorable risk/reward setup).
 

 Market Maker Intent: 
 
 Accumulation nearly complete, setting up for a liquidity move.
 No significant bearish divergences present on RSI.
 Break above 106.2K would confirm bullish continuation.
 
 Recommendation: 
 
 Long positions favorable within 104.2K - 104.5K range.
 Monitor volume confirmation for breakout strength.
 Maintain tight stops below 102.8K for risk management.
 Confidence Level: 8/10 for bullish continuation.
 
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