Bitcoin Analysis (Daily Time Frame) Bitcoin has reached the upper range of the corrective channel. As we mentioned last week, we expect the price to increase to the 74,925 level, targeting liquidity at the top. From this area, short trades can be tested. The targets for Bitcoin in short trades are the 63,442, 59,985, and 51,398 levels. The marked green zones indicate valuable areas for buy trades aimed at 74,926 and 88,893. Bitcoin Analysis (4-Hour Time Frame) Bitcoin has reached the supply zone, and we anticipate a price increase to the 70,100 level. At this point, confirmation can allow for short

Bitcoin Analysis (Daily Time Frame) Bitcoin is attempting to align with U.S. stocks, even as markets anticipated a future rate cut of between 0.25% and 0.0%, ignoring new inflationary pressures from the U.S. Bitcoin’s price reached $63,400 late Friday but couldn’t maintain the momentum, dropping to $62,800. The next resistance is around $69,000, indicated by a trendline connecting lower highs from March and June. On the downside, key support is at the October 10 low of $58,890. A bullish breakout at $64,000/$65,000 is the point we are watching for, after which new highs and altcoin movements may occur. If the price

Bitcoin Analysis (Daily Time Frame) While Bitcoin is still trading in a range and has not exited the downward trend, reclaiming the $62,000 level on Friday after dropping to $60,000 earlier in the week may just be a “recovery rally” before a deeper correction. On the daily timeframe, Bitcoin is reaching the top of the downward corrective channel, with a potential rise to the red supply zone and liquidity sweep at the highs. If it breaks and stabilizes above 73,990, the next target for Bitcoin would be 88,893. If the price cannot break 73,990, the decline could continue to the 48,530,

Bitcoin Analysis (Daily Time Frame) Bitcoin is in an uptrend on the daily time frame and is approaching the top of the corrective channel. There is a possibility of a liquidity sweep at the channel’s top, followed by a price drop toward 62,640, 59,560, 51,650, and 48,792. If Bitcoin resumes its uptrend, the next targets are 70,099 and 89,060. Bitcoin Analysis (4-Hour Time Frame) In the 4-hour time frame, Bitcoin is approaching the top of its corrective channel and has broken the 65,619 level. This suggests a potential price increase to 68,565 and 70,099. If a reversal occurs at the 62,640

Bitcoin Analysis (Daily Time Frame) Bitcoin is currently in an upward trend on the daily time frame and has entered a fractal retracement phase. After reaching the daily order block and accumulating buy orders, it has resumed its upward movement, with the potential to rise towards the 68,690 range. If the price breaks above the 73,859 level, we could expect further increases, potentially reaching the 88,893 zone. Monitoring these key levels will be essential for identifying trading opportunities. Bitcoin Analysis (4-Hour Time Frame) On higher time frames, the Euro has formed an unreadable range. However, in the daily time frame, it is

Bitcoin Technical Analysis – Daily Timeframe In the daily timeframe, Bitcoin is trading within a descending channel and has experienced a notable rebound upon reaching the lower boundary of the channel around the price level of $54,000. The supply and demand zones in this timeframe are indicated by the blue box. Bitcoin Technical Analysis – 1-Hour Timeframe In the hourly timeframe, Bitcoin is oscillating within an ascending channel. If the lower boundary of the channel and the demand zone at $59,500 are maintained, we can expect a price increase towards the supply order block around $62,000. Conversely, a breach of the

Bitcoin Technical Analysis – Daily Timeframe In the daily timeframe, Bitcoin is currently trading at the lower boundary of its descending channel, which coincides with its demand order block at $50,000. The daily supply and demand levels are indicated by the blue box, and it is currently oscillating within this range. Bitcoin Technical Analysis – 1-Hour Timeframe In the 1-hour timeframe, Bitcoin has broken downward from its ascending channel after encountering the supply order block at $65,000 and is currently trading within the 4-hour demand zone. If it experiences demand from buyers in this range, we can expect a potential price

Bitcoin Technical Analysis – Daily Timeframe In the daily timeframe, Bitcoin is positioned within a descending channel. After encountering the demand zone at $49,000, which coincides with the support line of the channel’s lower boundary, it has made a strong recovery from this level and increased to approximately $66,000. The daily supply and demand zones are indicated by the blue box. Bitcoin Technical Analysis – 4-Hour Timeframe In the 4-hour timeframe, Bitcoin has experienced a significant decline upon reaching the supply zone at $65,000, bringing it to the lower boundary of its 4-hour channel. If the lower boundary of the channel

Bitcoin Technical Analysis – Daily Timeframe In the timeframe under review, Bitcoin is positioned within a clearly defined descending channel and has been oscillating between two levels of supply and demand. After encountering the demand level at $48,000, we observed a strong upward reaction from buyers that increased the price to approximately $60,000. This upward movement was bolstered by the activation of a large buy order (demand order block) in this area. The break below the $48,000 level followed by the subsequent upward reaction indicates strong demand at this price point. However, to confirm the continuation of the upward trend, Bitcoin