๐ Market Review: $BTC on the brink of a powerful impulse
Itโs been a while since we last spoke. The situation in the market remained sluggish for a long time: BTC was moving in a smooth ascending sideways trend. This is classic accumulation, which completely aligns with my expectations for the beginning of a true bull trend. Letโs get into the details.
1M Time Frame
The monthly timeframe is still formally digesting the correction, but the global uptrend is unshakeable. The current candle looks like the final chord before a reversal.
Closing above $80k: Super Bullish.
Nuance: Candles often 'paint' a shadow in one direction to close in the opposite. Today is the 15th โ the equator of the month, time to determine the vector.
Indicators and volumes
Volumes are rising on local spills โ this is hidden bullish divergence. RSI is at the levels of the bottom of 2023 (when BTC was around $16-20k). MACD shows that the peak pressure from bears has passed, and soon the histogram will start trending towards zero.
1W & 3D Time Frames
1W (Weekly): Descending wedge with growing interest. On MACD โ clear bullish divergence. Ideal weekly close โ above $74,000.
3D (Three-day): A local uptrend has already emerged. Each close above the previous one confirms the strength of the buyer.
1D & 4H Time Frames
On the daily everything looks solid: trend up, indicators are unloaded. On the 4H timeframe after each removal of long liquidity from Low, we set a new High. Currently, MACD and RSI are beginning to overheat, a shake-out to the levels of $60.5-61.2k is possible. This will be an excellent point for accumulation.
While waiting for the main targets for BTC, do not keep liquidity as dead weight. The TON ecosystem currently has excellent opportunities on STON.fi โ you can deposit coins into pools (for example, BTC/USDT) and farm fees on volatility while the market determines its direction. Extremely convenient for those trading directly from Telegram.
RESULT AND VERDICT
The market is in a state of slight stupor. Retail is scared, sentiment is bearish โ the best moment for 'smart money'. My verdict: the market is very strong.
Areas of interest:
* $62.5k (current): High Risk, entry at 1/4 portion.
* $60.5-61.2k: Moderate buying volume.
* $58.5-59.5k: Zone for elevated risk.
Fixation: $74-76k (part + stop in bu), $80-82k (1/3 profit), $97-101k (main target)