🔍 Market Context
Bitcoin continues to exhibit structural bullish behavior, supported by macro-level demand and reduced circulating supply. However, recent momentum indicators signal a possible short-term exhaustion.
📊 Technical Overview (4H Chart)
🔧 Chart Parameters
Timeframe: 4H
Tools Used: Fibonacci Retracement, Volume Profile, Ichimoku Cloud, Pivot Points, RSI, MACD
🔹 Fibonacci Levels
(May 12 Low $101,206 → May 13 High $103,267)
0.236: $102,845
0.382: $102,420
0.5: $102,236
0.618: $102,052
🔹 Pivot Points (Classic)
S3: $101,580
S2: $102,110
S1: $102,650
Pivot: $103,010
R1: $103,550
R2: $103,990
R3: $104,420
🔹 Volume Profile
Weak participation above $103,000, indicating potential resistance and lack of buyer commitment at higher levels.
🔹 Ichimoku Cloud
Price remains above the cloud, maintaining a bullish bias.
Tenkan/Kijun convergence signals possible consolidation in the short term.
📈 Key Price Zones
Support to Watch:
$102,052 (0.618 Fib) – Critical level for bull structure to hold.
$101,206 – Previous swing low; breakdown may trigger broader correction.
Resistance to Watch:
$103,550 (R1) – Major breakout point.
$105,819 – All-time high, if momentum accelerates.
Order Flow: Block buying activity detected between $101,500–$102,000 (potential accumulation)
📉 Summary
Bitcoin is range-bound between $102,000–$103,500 ahead of key macro events.
Breakout Confirmation: Above $103,550 → Targets $105K+
Breakdown Signal: Below $102,000 → Opens path to retest $101,206
⚠️ Always use proper risk management. Backtest every scenario. No guarantees in live markets.
Bitcoin continues to exhibit structural bullish behavior, supported by macro-level demand and reduced circulating supply. However, recent momentum indicators signal a possible short-term exhaustion.
📊 Technical Overview (4H Chart)
🔧 Chart Parameters
Timeframe: 4H
Tools Used: Fibonacci Retracement, Volume Profile, Ichimoku Cloud, Pivot Points, RSI, MACD
🔹 Fibonacci Levels
(May 12 Low $101,206 → May 13 High $103,267)
0.236: $102,845
0.382: $102,420
0.5: $102,236
0.618: $102,052
🔹 Pivot Points (Classic)
S3: $101,580
S2: $102,110
S1: $102,650
Pivot: $103,010
R1: $103,550
R2: $103,990
R3: $104,420
🔹 Volume Profile
Weak participation above $103,000, indicating potential resistance and lack of buyer commitment at higher levels.
🔹 Ichimoku Cloud
Price remains above the cloud, maintaining a bullish bias.
Tenkan/Kijun convergence signals possible consolidation in the short term.
📈 Key Price Zones
Support to Watch:
$102,052 (0.618 Fib) – Critical level for bull structure to hold.
$101,206 – Previous swing low; breakdown may trigger broader correction.
Resistance to Watch:
$103,550 (R1) – Major breakout point.
$105,819 – All-time high, if momentum accelerates.
Order Flow: Block buying activity detected between $101,500–$102,000 (potential accumulation)
📉 Summary
Bitcoin is range-bound between $102,000–$103,500 ahead of key macro events.
Breakout Confirmation: Above $103,550 → Targets $105K+
Breakdown Signal: Below $102,000 → Opens path to retest $101,206
⚠️ Always use proper risk management. Backtest every scenario. No guarantees in live markets.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.