Bitcoin 1H Strategy: Strong Support & Targets

Jan 13

Chart timeframe: 1H Bitcoin analysis, post-ETF volatility pattern.

1. Current price: $91,824.
   
2. Support zone: $89,300 ("Discount" zone) – held strong during recent selloff.
   
3. Resistance zone: $95,800 ("Premium" zone).
   
4. Key price action:
   
5. V-shaped recovery from $89,300 signals strong buyer interest.
   
6. Quick bounce suggests institutional dip-buying post-ETF launch.
   
7. Setup rating: 7/10 for longs above $92,300.
   
8. Targets:
   
9. First target: $94,250 (POL level).
   
10. Second target: $95,800 (Premium zone).
    
11. Risk management: Keep stop-loss below $89,300.
    

What do you think of this setup? 🚀

Jan 17

Trade closed: target reached

Jan 19

Note

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