📊 BTC/USDT Technical Analysis (1H Timeframe) $BTC $BTC $BTC
🔹 Current Price: $69,635
🔹 24H High: $69,780
🔹 Trend: Strong Bullish Momentum
📈 Market Structure:
BTC is forming Higher Highs & Higher Lows
MA(7) > MA(25) > MA(99) → Strong bullish alignment
Volume spike confirmed the breakout
OBV trending upward → Buyers are in control
🎯 Key Levels:
Resistance:
$69,780 (Recent High)
$70,000 (Psychological Level)
Support:
$69,000 (Minor Support)
$68,450 (MA25 Support Zone)
$67,700 (Strong Dynamic Support)
🔥 Trading Plan (Spot)
📌 Dip Entry Zone: $68,800 – $69,100
📌 Breakout Entry: Hourly close above $69,800
🎯 Targets:
$70,500
$71,200
⚠️ Stop Loss: Below $68,400
🧠 Summary:
BTC remains structurally bullish.
If price sustains above $69,800, a breakout above the $70K psychological level is highly likely.
Momentum favors buyers, but short-term profit-taking near resistance is possible.
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