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๐ Gate APP has been updated to the latest version v8.0.5. Share your authentic experience on Gate Square for a chance to win Gate-exclusive Christmas gift boxes and position experience vouchers.
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Your fa
๐ Multi Time Frame (MTF) Analysis
๐ Monthly (1M) โ Long-Term Trend
Trend: Very bullish. We are approaching or retesting the all-time high (ATH).
Last candle (June 2025, running): Bullish with a small wick above โ indicating that buyers are still dominant, but there is starting to be seller pressure.
MA 100: Price is far above MA 100, indicating that the long-term trend is still very strong.
๐ Conclusion 1M:
Potential for ATH retest in the range of 110kโ120k.
No major reversal signal as long as it has not broken down below 90k.
๐ Weekly (1W) โ Mid-Term Trend
Trend: Still uptrend, but starting to consolidate.
The last candle shows a potential "spinning top" or doji, indicating market confusion.
Volume is decreasing, meaning momentum could slow down.
MA 100 (estimated): Still far below current price (probably at 60kโ70k), so no major bearish threat yet.
๐ 1W Conclusion:
Strong resistance area at 110k.
Risk-reward is less attractive for new entries unless there is a breakout with strong volume.
๐ Daily (1D) โ Short-Term Trading Setup
Last candle: Doji after minor decline โ potential upside reversal/retracement signal if confirmed.
Mild sideways movement seen after decline from around 110k.
Short support: 102,000โ103,000
Near resistance: 107,500โ110,000
MA 100 (estimated): Currently likely around 95,000โ98,000, price above โ still bullish.
๐ Entry & Exit Plan (Swing / Position Trade Style)
โ ENTRY
Buy on support (low risk): 102,000โ103,500 (closest)
Buy on breakout: if it breaks 110,000 with large volume โ target: 115,000โ120,000
โ EXIT / Take Profit
Conservative target: 107,500โ110,000 (resistance)
Aggressive target (breakout): 115,000โ120,000
๐ STOP LOSS
Below minor support: 101,500
Tight SL: 102,000 (for intraday scalping)
Long SL: MA100 daily around 95,000 (for swing trade)
๐ Brief Summary
Timeframe; Trend; Key Level; Next Direction
1M; Bullish Resistance: 110kโ120k; Potential ATH retest or breakout
1W; Bullish consolidation Resistance: 110k; Sideways or breakout
1D; Sideways bullish; Support: 102kโ103k; Potential short-term rebound
#btc #$BTC,