Bitcoin

BTC Multi-TF Analysis: Bull Bias Holds, All Eyes on Resistance

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Technical Overview – Summary Points
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  • Momentum: Very strong bullish bias across all major timeframes. No selling signal detected; slight micro-pause on 15min.
  • Key Supports / Resistances: Immediate resistance at 111,000–112,500. Critical supports: 108,000–109,000, then 105,000. Any lasting break below 107,500 is a key alert.
  • Volume: Healthy, balanced volumes. Some moderate surges on 1H/2H, but no climax.
  • Risk On / Risk Off Indicator: Strong Buy across all TFs except 15min (partial pause).
  • Multi-TF behavior: Complete convergence. No sign of distribution. ISPD DIV neutral overall.


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Strategic Summary
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  • Dominant bias: Bullish, confirmed by both technical and on-chain context.
  • Opportunities: Add on retracements to major supports (108k–109k, potentially 105k). Target breakout >112.5k for extension or further swing adds.
  • Risk/Alert Zones: Breakdown <107.5k (especially with high volume/macro event). Congestion zone at 111–112.5k: monitor reactions and volumes closely.
  • Macro catalysts: FOMC, Jobless Claims, Bond Auction (see economic calendar). Adjust sizing before and after.
  • Action plan: Gradual buys on major supports; heightened monitoring pre-US announcements (avoid overexposure during high-volatility). Structural stop below 107.5k; for swing, <105k ideal.


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Multi-Timeframe Analysis
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  1. 1D: Structurally solid market above key supports. No divergence or selling signals. Resistances: 111,500–112,500. Main support: 105,050.
  2. 12H: Dominant buyer pressure. Key support at 107,500–108,000. No speculative excess.
  3. 6H: Marked accumulation. Multi-TF resistance at 111,000–111,500.
  4. 4H: All trends aligned; focus on resistance 111–112k.
  5. 2H: Ongoing momentum. Moderate volume. Watch 107,400–108,000 for dips.
  6. 1H: Reinforced bullish bias; no short-term weakness.
  7. 30min: Opportunities on any pullback to supports (110,400, 109,000).
  8. 15min: Micro-pause on sector momentum. Potential consolidation below 111k–111,500.
  9. Risk On / Risk Off Indicator: Strong Buy on all TFs except 15min (neutral, no sell).
  10. ISPD DIV: Neutral across the curve, no behavioral excess detected.


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Cross Analysis & Executive Summary
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  • Confluences: Major bullish bias. Risk On / Risk Off Indicator in Strong Buy (except 15min). Balanced volumes. ISPD DIV neutral.
  • Dissonances: Micro-pause on 15min momentum under resistance (possible very short-term consolidation).
  • Opportunities: Pullbacks to 108k–109k or even 105k, clear breakout above 112.5k.
  • Risks: Break below 107,500 (key alert), high volume+rejection under 111–112.5k (possible profit-taking).


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Macro & On-chain Focus
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  • Macro: Awaiting FOMC (late July), key US macro data (Jobless Claims, 30Y Bond Auction). Neutral to potentially high volatility environment around economic catalysts.
  • On-chain: Long-term holder supply at ATH. US ETF inflows positive. Healthy on-chain: little short-term top risk. Key on-chain threshold at 98.3k (Short-Term Holder Cost Basis).
  • Institutional: No panic, ongoing “disciplined accumulation”, no excess euphoria.


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Operational Action Plan
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  1. Closely monitor 111–112.5k resistance: reactively adapt based on price/volume.
  2. Gradual re-entries on major supports if no behavioral anomaly or excessive selling volume.
  3. Structural stop <107.5k, swing invalidation <105k.
  4. Swing opportunity window post-FOMC if dovish or calm.
  5. Adjust exposure and risk management around key macro dates.


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