Technical analysis by Ox_kali about Symbol BTC: Buy recommendation (8/1/2025)

__________________________________________________________________________________ Technical Overview – Summary Points __________________________________________________________________________________ Momentum: Dominant bullish bias on higher timeframes (1D to 2H). Key Supports/Resistances: Key pivot zone at 114.7K–115.8K defended across all timeframes; major resistances at 119.7K, upside extension to 122.3K. Volume: Peaks on breakout, normal to high volumes depending on TF, no signs of seller capitulation. Behavioral Indicators: Risk On / Risk Off Indicator remains strong on all strategic TFs; ISPD DIV neutral except for a defensive buy signal on 1H. Multi-timeframe summary: Broad horizontal consolidation, no panic or euphoria detected. Major supports overlap, confirming structural strength amid macro volatility. __________________________________________________________________________________ Strategic Summary __________________________________________________________________________________ Overall bias: Bullish above 114.7K; neutral/slightly bearish below this key level. Opportunities: Longs via scalping/range trading on reactions at 114.7–115.8K; swing accumulation on daily/4H stabilization above 115K. Risk: Break below <114.7K, macro volatility around NFP/PMI, false breakouts. Macro catalysts: Expanded US tariffs (Trump), NFP, PMI, Fed status. Action plan: Reactivity on pivots, reduce exposure during macro events, hard stops <114.5K H4. __________________________________________________________________________________ Multi-Timeframe Analysis __________________________________________________________________________________ 1D: Working the 114723 pivot support. Bullish momentum, no excessive selling, Risk On / Risk Off Indicator “STRONG BUY”. 12H-6H: Building a bottom on the daily base; sustained volumes during sell-off, no panic, technical buy signals emerging. 4H-1H: Vigorous support defense, 1H ISPD DIV “buy” signal. Healthy range pattern; volumes up during rebound attempts. 30min-15min: Slow recovery after high-volume drop, no euphoria or capitulation. No “trap” or imminent squeeze, favorable for tactical trades. Risk On / Risk Off Indicator: Higher TFs (1W/1D/12H/4H) show strong bullish signals, boosting risk confidence. Decorrelation with lower TFs allows flexible management, controlled accumulation, tight stops at 114.7K. __________________________________________________________________________________ Macro & BTC Context Summary (Twitter) __________________________________________________________________________________ Macro: US tariff shock, max volatility likely, amplified moves in equities and crypto. Bitcoin: Sharp correction post-record close, but solid supports remain, no sign of trend end. Integration: Technical status quo; favor defensive accumulation, caution on NFP/PMI. __________________________________________________________________________________ Actionable Synthesis: Plan & Risk Management __________________________________________________________________________________ Strategies: Longs/scalp >114.7K; swing/accumulate post daily/4H confirmation; partial TPs near 119.7K/122.3K. Risk Zones: Hard stop <114.5K. Tight monitoring around NFP for volatility spikes. Reward: Risk-to-reward >2 if buying lower range with strict stops. __________________________________________________________________________________ Key Macro Events to Watch __________________________________________________________________________________ 2025-08-01: US NFP, unemployment, hourly wages – High volatility expected, possible swings 2025-08-01: ISM Manufacturing PMI – Short-term trend confirmation or invalidation 2025-07-30: FED conference – Range-bound / Moderate volatility US Tariffs (Trump) – Global risk-off, caution BTC & tech __________________________________________________________________________________ Conclusion __________________________________________________________________________________ BTC consolidates steadily between 114.7K–122.3K despite macro shocks Daily/H4 supports robust, Risk On / Risk Off Indicator strong on higher TFs Accumulation/scalping favored as long as supports defended Main risk = break of 114.7K, imminent macro volatility