Technical analysis by x_Akki about Symbol BTC: Buy recommendation (9 hour ago)

Market Structure Bitcoin is currently maintaining a bullish market structure on the 4H timeframe, characterized by consistent higher lows and higher highs since the rebound from the 82K–84K region. The ascending channel remains valid, indicating a healthy uptrend rather than an impulsive spike. Key Price Levels Resistance Zone 98,900 – 100,000 - * Major psychological level * Previous strong resistance now being tested * Short-term consolidation around this zone is technically normal Support Zones * 92,000 – 93,000 → Primary structural support * 88,500 – 89,000 → Lower channel support (secondary) * 84,000 – 85,000 → Trend invalidation zone As long as price holds above 92K, the bullish structure remains intact. Momentum Analysis * Stochastic RSI has rebounded from lower levels and is not yet in extreme overbought territory. * This suggests bullish momentum still has room to expand, even if a minor pullback occurs. * Momentum behavior aligns with a continuation trend rather than exhaustion. Volume Observation * Volume remains controlled with no significant spike. * This indicates no strong distribution and suggests that smart money is still holding positions rather than exiting aggressively. Market Context Price action reflects a controlled accumulation and expansion phase, not emotional FOMO-driven movement. This type of structure often precedes continuation rather than reversal. Scenarios - Bullish Continuation (Primary Scenario) * Price consolidates above or slightly below 100K * Clean breakout opens targets at: 103K, 106K, 110K (psychological extension) Preferred approach: wait for pullbacks instead of chasing breakouts. - Healthy Pullback Scenario Rejection near 100K Retracement toward 95K – 93K Followed by bullish continuation This would be considered a normal corrective move, not a trend reversal. - Invalidation Scenario A 4H close below 88K would weaken the current bullish structure and require reassessment. Conclusion BTCUSD remains structurally bullish on the 4H timeframe. Momentum, structure, and volume all support the case for continuation, with pullbacks viewed as opportunities rather than threats. Disclaimer This analysis is for educational and informational purposes only and does not constitute financial advice. Always manage risk properly and make independent trading decisions based on your own research and risk tolerance.