$BTC The situation fits my expectations: BTC was in an ascending sideways trend before the start of the bullish trend. Let's move on to the details.
I 1M Time Frame (Month)
The monthly TF is formally in a bearish correction phase, but the global uptrend remains. The current candle is the final chord and a turning point. Closing above 102k — Super Bullish. Volumes are increasing on the decline — this is bullish divergence. RSI is at levels seen at the beginning of 2024, bear pressure is waning.
1W & 3D Time Frames
On the weekly, there is a downtrend with increasing volumes and a bullish divergence on MACD. The potential for breaking the structure is huge, the target is to close above 96-98k. A local uptrend is already forming on the 3D.
1D & 4H Time Frames
On the daily everything is solid: trend up, indicators are normal. On the 4H after removing long liquidity, a new High is set. A shake-out to 91.5-92.5k is possible — there is an excellent point for longs.
RESULT AND VERDICT
Retail is in shock recording losses, but the technology whispers of market strength. Preparing for growth.
Buying zones:
* 94.5-96k: High Risk (entry at 1/4).
* 91.5-93k: Moderate volume.
* 87-88.5k: Increased base risk.
Fixation zones:
* 102-105k: Part + stop at break-even.
* 115-118k: Sell 1/3.
* 135-140k: We drop 1/2.
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