š BTC 1H Analysis: Respecting the Trend & Recharging!
The 1-Hour chart tells us everything we need to know right now.
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After the Fed Rate Cut, Bitcoin is doing two critical things:
1ļøā£ Respecting the Trend: Look at the Purple Trendline in the chart. Every time price touches it, buyers step in perfectly. This is a textbook "Bullish Structure."
2ļøā£ Recharging: We are consolidating around $92,500. The indicators are cooling down, and the market is building energy for the next leg up to $94,000+.
The dips are being bought. The trend is UP. āļø
š What is your prediction for the next 24 hours?