BTC Chart Analysis (1D – Heikin Ashi)

Based on market structure, Harmonic patterns, FVG, trendlines, and indicators:

Market Structure Overview

✅ 1. Clear Double Bottom around ~77,000–78,000
‱ The two-round bottom indicates a major reversal level.
‱ Price bounced from the ABCD Extension zone (green demand zone) → a confirmed Reversal Zone.

✅ 2. Price has broken above the downward trendline (blue)
‱ This signals an early trend reversal.
‱ If the daily candle can close above 92,300–92,500, the probability of a larger bullish move increases significantly.


🟩 Harmonic Pattern

📌 Bat Pattern + ABCD + ABCD Extension (98,700–108,400 zone)
‱ The red rectangle area = Strong Resistance Zone / Bearish PRZ.
‱ Price may face a pullback here before continuing upward.

But if this zone is broken → higher levels become likely.


đŸŸȘ Fair Value Gap (FVG)

There is a major FVG between 110,000–123,000.
→ Markets tend to fill FVGs, meaning price has a “logical reason” to rise and fill that gap.


🎯 Key Resistance Levels

Based on your chart:
1. 91,200 → currently being tested
2. 98,700
3. 108,400
4. 125,500 (the major target for this cycle)

đŸŸ© Key Support Levels
1. 91,200 (previous support/resistance level)
2. 88,500–89,000
3. 77,300 (Double bottom / major demand zone)

If price breaks below 77K, the structure turns bearish.


📈 MACD Indicator
‱ Blue line crossing above orange → Bullish Cross
‱ Histogram turning green consistently → Momentum is strengthening on the upside

These signals align with a reversal from the Double Bottom.


Trend Direction Summary

🟱 Bias: Bullish (Reversal Trend)

The chart signals supporting an upward direction include:
‱ Double Bottom + Trendline Breakout
‱ MACD Bullish Cross
‱ Price holding above the ABCD Extension Reversal Zone
‱ Clear major upside targets aligned with the upper FVG

🎯 Targets Based on Harmonic Structure + FVG
‱ Level 1: 98,700
‱ Level 2: 108,400
‱ Level 3 (Major): 122,000–125,500

$BTC

BTC
BTCUSDT
90,323.3
-1.00%