BTCUSDT – 1H Technical Analysis:


Bitcoin is trading around 88,500 – 89,000, a key intraday resistance zone.
Price recently formed a Higher Low, indicating short-term bullish structure.
The impulsive move up left a Fair Value Gap (FVG) below price, which may act as a retracement target.
There is a visible Bearish SMT divergence, suggesting weakening momentum.
Rejection from 89,500 – 90,000 could lead to a pullback toward 87,800 – 88,000.
Holding above 88,000 keeps bullish continuation valid.
A clean break and close above 90,000 opens the path toward 91,500+.
Volume confirms participation but not strong expansion yet.
Market is currently in a range-to-expansion phase.
Bias: Neutral to mildly bullish, with caution near resistance.
#BTC $BTC
BTC-1.67%
post-image
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)