Here’s a quick BTC/INR 1-hour chart analysis based on the image you shared:
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✅ Current Market Situation
Price: ~₹86,75,000
Recent Move: Price bounced from the ₹86,00,000 support zone and is trying to move upward.
Trend: Short-term structure shows a series of lower highs and lower lows, meaning trend is still slightly bearish, but the latest bounce shows buyers stepping in.
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🔍 Key Levels to Watch
Support Zones
₹86,00,000 → strong recent bounce
₹85,50,000 → next deeper support
Resistance Zones
₹87,50,000 → first resistance (price rejected earlier)
₹88,00,000 – ₹88,20,000 → strong resistance; breakout above this may signal bullish momentum
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📉 Bearish Signs
Lower highs forming → sellers still active.
Wicks to the upside show rejection near resistance.
📈 Bullish Signs
Strong green candle bounce from support.
Buyers are defending ₹86L well.
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🧭 What could happen next?
⭐ Scenario 1: Bullish Breakout
If BTC breaks ₹87.5L, price may push toward:
₹88.2L
₹89L
⚠️ Scenario 2: Rejection & Drop
If BTC fails to break ₹87.5L again, it may retest:
₹86L
₹85.5L
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📌 Summary
Right now the chart shows a small recovery after a dip, but BTC must break above ₹87.5L to regain strength. Until then, market stays neutral-bearish on the 1-hour timeframe.
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If you want, I can also: 📊 Draw trendlines
📉 Identify exact patterns (like double bottom, flag, etc.)
🔔 Give next 2–3 possible moves with probabilities
Just send the next screenshot or ask!
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