How I Use Bybit Referral Code BY500 for BTC Scalping –Live Trade

BTC/USDT – 4H Scalping Setup with Real Price Action Zones & Channel Analysis (Bybit Referral code BY500 Chart) Over the past few weeks, Bitcoin has been moving within a clear ascending channel with multiple pullbacks creating scalp-worthy entries on the 4H timeframe. In this analysis, I’m sharing my current BTC/USDT scalping strategy built around support/resistance, channel breakouts, and confluence zones—all visualized on the chart above.

Current BTC Setup:

BTC is currently trading near $107,800, having bounced from the $100,769 red support line

A potential retest of the descending wedge is underway

The price remains above a critical long-term support zone marked in blue channels, suggesting a bullish mid-term outlook

Why I Use This Strategy
My scalping technique is based on identifying high-probability zones within channel ranges, especially in confluence with long-term trendlines. This strategy is particularly effective when using exchanges with low fees and fast execution.

I personally trade this setup using a platform that offers deep liquidity and competitive trading fees (hint: chart is from that platform). Lower fees = better ROI per scalp, especially in volatile conditions.

Scalping Tools Used:

Channels: To identify swing zones and trend continuation

Volume zones: (Not shown here, but used on execution layer)

Multi-timeframe confluence

Support/Resistance flips

Pro Tip:

If you're an active scalper, always watch for:

Wick rejections at trendlines

Volume surge near breakout

Failing rallies as signs of retracement
usE bYBIT referral Code - BY500
These are all visible in this BTC structure.