BTC $64,770.00 ▲ 0.25% ETH $1,911.89 ▲ 0.48% USDT $0.9993 ▲ 0.03% BNB $589.60 ▼ 0.69% XRP $1.04 ▼ 0.91% SOL $73.52 ▲ 0.29% DOGE $0.0695 ▲ 0.66% SHIB $0.00000463 ▼ 2.27% PEPE $0.00000281 ▲ 1.05% BTC $64,770.00 ▲ 0.25% ETH $1,911.89 ▲ 0.48% USDT $0.9993 ▲ 0.03% BNB $589.60 ▼ 0.69% XRP $1.04 ▼ 0.91% SOL $73.52 ▲ 0.29% DOGE $0.0695 ▲ 0.66% SHIB $0.00000463 ▼ 2.27% PEPE $0.00000281 ▲ 1.05%
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Bitcoin Piyasa

Bitcoin has broken out of its short-term downtrend

Bitcoin has broken out of its short-term downtrend

Bitcoin / U.S. dollar BITSTAMP:BTCUSD

BTC/USD | 1H Technical Analysis

Bitcoin has broken out of its short-term downtrend, signaling a potential shift toward a bullish market structure.

Support Zone: 64,100
Buy Zone: 64,700

As long as price remains above the key support area and buyers maintain momentum, the following upside targets come into focus:

Target 1: 64,900
Target 2: 65,500
Target 3: 66,700

Market View:

- Bullish bias on the 1-hour timeframe.
- Trendline breakout indicates increasing buying pressure.
- Wait for confirmation before entering and always follow proper risk management.

Disclaimer: This analysis is for educational purposes only and should not be considered financial advice. Always conduct your own analysis before making trading decisions.

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