Technical analysis by MARK_STEVAN about Symbol BTC on 3/13/2025

MARK_STEVAN

This is a Bitcoin (BTC/USDT) price chart from Binance on the 1-hour timeframe. The analysis includes key technical levels and projected price movements:1. Current Price: Bitcoin is trading at $83,148.97, with a slight decline of -0.63%.2. Support Levels: There are multiple support zones marked in blue/green below the current price, around $80,000 and $77,500.3. Projected Downside Move: A white trendline suggests a possible dip to these support zones before a potential upward move.4. Bullish Target: The analysis indicates a potential rally towards $91,000, shown by yellow arrows.5. Volume Profile: The right side of the chart shows volume at different price levels, highlighting areas of strong interest and liquidity.ConclusionThis analysis suggests a possible short-term correction before a strong bullish move toward $91,000. It is likely based on support levels, liquidity zones, and historical price action. Traders may watch for confirmation signals at the support levels before entering long positions.