This analysis is 283 days old and may be outdated. Market conditions change rapidly.

BTC

price_action1h
BULLISH

Rationale

Extremely strong bullish confluence with 6 of 7 confirmation hierarchy elements confirmed. Major institutional accumulation at $83,755 followed by clear markup phase with multiple structural breaks. Large FVG at $90,285-$87,712 provides excellent support for continuation toward $95,000-$100,000 targets. Only negative factor is poor session timing (late NY session with high manipulation risk). Recommend waiting for London open or pullback to major FVG zone for optimal entry.

Patterns

TypeCategoryPriceSideStrengthStatus
liquidity zoneRetail Stops$95000.00BUYStrongActive
liquidity zoneSwing High$93931.00BUYStrongActive
fair value gapBearish$93040.00 - $93060.00SELLStrongOpen
fair value gapBullish$87712.00 - $90285.00BUYModerateOpen
liquidity zoneInstitutional Liquidity$90000.00SELLModerateActive
fair value gapBullish$86778.00 - $86888.00BUYStrongOpen
order blockBullish$83755.00 - $84641.00BUYStrongValid
liquidity zoneSwing Low$83755.00SELLStrongSwept
24h Change+0.85%
7d Change-3.06%
24h Volume$7.76K

Bitcoin (BTC) is a cryptocurrency launched in 2010. Users are able to generate BTC through the process of mining. Bitcoin has a current supply of 19,955,375. The last known price of Bitcoin is 90,480.89551572 USD and is down -0.16 over the last 24 hours. It is currently trading on 12489 active market(s) with $39,704,149,030.16 traded over the last 24 hours. More information can be found at https://bitcoin.org/.

Launched
Jul 2010