Post
MARKET ALERT - BTC
#Gate60MillionUsers

Timeframe 1 Hour (1h): Price is around 80,379.7 and has broken above EMA20 (79,875.8) and EMA50 (79,785.2). Following sideways consolidation, the new green candle is beginning to show short-term bullish momentum toward the nearest resistance at 81,070.6.

Timeframe 4 Hours (4h): The main trend remains very strong and bullish. Price is trading well above EMA200 (73,607.1) and holding above the EMA20 (79,690.4) and EMA50 (78,970.6) support levels. The decline from the high of 82,258.0 is a normal correction to form a new base.

Trading Opportunities
Long (Buy) Option: Ideal entry is recommended on a retest of the 79,700–80,000 support area (EMA20/EMA50 area).
Profit Target (TP): TP 1 at 81,070 and TP 2 around the high resistance area at 82,250.
Stop Loss (SL): Set tightly below 78,900 (below the 4-hour EMA50 support).

Short (Sell) Option: Only consider if the candle closes below 78,900, with a target of 77,500, but this carries high risk because it goes against the main 4-hour trend.

The current market structure favors the Long/Buy scenario as long as price remains above 79,700.
$BTC
btc
BTCUSDT
Perp
--
+0.42%
View Original
Cryptocurrency_ALERT
GIVEAWAY FOR MY SUBSCRIBERS🥳
PART 1
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.
BTCBTC+0.42%

  • 1

Add a comment
Add a comment

Comment
MemeHobo
33 minutes ago
The 4h bullish structure remains intact, but remember to reduce your position near the previous high around $82K—don’t get greedy.
0View Original
MemBreadHero
34 minutes ago
The EMA20/EMA50 golden-cross area is indeed a good entry point; a retest around 79k would be a good opportunity to build a position in batches.
0View Original
GasRebateHunter
44 minutes ago
First Review
This is my first time seeing technical analysis in Indonesian. Gate’s 60M-user campaign is pretty international.
0View Original
View More