BTC 1H Analysis – Key Triggers Ahead | Day 7

💀 Hey , how's it going ? Come over here — Satoshi got something for you !

⏰ We’re analyzing BTC on the 1-hour timeframe .

👀 After breaking out of its descending channel, Bitcoin is moving upward with a high-volume whale candle.

🕯 The trading volume and number of trades are rising sharply, and this volume increase during the New York session could lead to Bitcoin forming a new high.

⚙️ Our key RSI level is 74.05. If this level breaks, the volatility of Bitcoin’s long positions could increase significantly, potentially triggering a price surge.

🎮 After breaking the 0 Fibonacci level and pulling back to it, we can open our positions in line with the market structure change and move with the market.

🔒 An upward-sloping trendline has been drawn from the channel’s bottom to the top, and on the fourth reaction to it, Bitcoin bounced and beautifully broke through the channel’s top.

🔔 There’s no specific alert zone unless the current market structure changes, in which case an alert zone will be provided.

🖥 Summary: Bitcoin is moving upward, our long position trigger has been activated, and if the current structure is maintained, it could continue toward higher price levels.

📊 If USDT.D drops below 4.20% BTC might push toward higher targets .

❤️ Disclaimer : This analysis is purely based on my personal opinion and I only trade if the stated triggers are activated .