8.31 Monday Morning: Latest BTC Analysis
4H Breakout + 1H Step-Up Rise; the BTC bulls structure has already taken shape.
From the 4-hour perspective
After bottoming along the lower band and rebounding, a single strong bullish candle with a full body broke through the key resistance level and held above it. This is not just a rebound—it’s a reversal of the trend. The lows keep rising, and pullbacks are strongly supported and held up. As long as the price stays above the breakout level, the upside space has been fully opened; a push toward the upper band is highly likely.
Multi-timeframe alignment: the one-hour lows rising perfectly matches the four-hour trend. Every pullback confirmation right now is a golden opportunity to get in with the trend.
Recommendation:
Go long around BTC 78,500–79,000, with the first target at 80,000 and then 81,000
4H Breakout + 1H Step-Up Rise; the BTC bulls structure has already taken shape.
From the 4-hour perspective
After bottoming along the lower band and rebounding, a single strong bullish candle with a full body broke through the key resistance level and held above it. This is not just a rebound—it’s a reversal of the trend. The lows keep rising, and pullbacks are strongly supported and held up. As long as the price stays above the breakout level, the upside space has been fully opened; a push toward the upper band is highly likely.
Multi-timeframe alignment: the one-hour lows rising perfectly matches the four-hour trend. Every pullback confirmation right now is a golden opportunity to get in with the trend.
Recommendation:
Go long around BTC 78,500–79,000, with the first target at 80,000 and then 81,000