🥳 Hey everyone! Hope you’re doing great! Welcome to SatoshiFrame channel .
✨ Today we’re diving into the 1-Day BITCOIN analysis. Stay tuned and follow along!
👀 Yesterday I shared Bitcoin’s daily analysis in the channel, and today we’re going to review the 4-hour timeframe, from its recent all-time high up to the present.
🔍 After setting its ATH, Bitcoin entered a descending channel (driven by profit-taking and reactivated whale activity). Each time price reached the top of this channel, it was rejected and moved toward the midline or bottom. The last touch of the channel’s top led to another drop toward the midline, and price failed to break above the channel. The major buy zone (micro buyer area) at the top of the channel was lost and has now turned into a key static resistance, overlapping with the dynamic channel resistance — creating a crucial pivot zone for Bitcoin’s potential trend reversal. The next key support lies below this zone at $105,634; a confirmed break and close below it could extend the downtrend further.
🧮 The RSI oscillator is currently fluctuating between 30 (support) and 50 (resistance). A breakout beyond either side — as highlighted in the chart — could add significant momentum to Bitcoin’s next move. These RSI levels are default static zones, which makes their reliability stronger.
🕯 After the massive flash crash that shook the crypto market, traders have shown a stronger inclination toward selling, keeping Bitcoin within this descending channel. As seen in the volume data, the flash crash was accompanied by extreme selling pressure, and whales broke the micro buyer zone with a large “whale candle.” Continued selling pressure could push Bitcoin toward lower supports, while renewed buying volume and whale re-entry could drive it back toward the channel top to test that resistance once more.
🧠 For those without open positions, here are two key scenarios to consider:
🟢 Long Setup: A breakout above the key static + dynamic resistance zone at $109,222, along with increasing buy volume and RSI crossing above 50, could be a solid long opportunity.
🔴 Short Setup: A confirmed breakdown below the nearest support at $105,634, accompanied by strong selling pressure and RSI falling below 30 into oversold territory, could present a strong short setup.
❤️ Disclaimer : This analysis is purely based on my personal opinion and I only trade if the stated triggers are activated .
