BTCUSD – Daily Timeframe (D1) Technical & Fundamental Analysis
BTCUSD on the daily timeframe is showing a clear structure of new lower highs and lower lows, following a previous consolidation phase. Recently, two minor key levels — around 88,800 and 92,300 — have been broken, with the 92,300 break indicating a Change of Character (CHOCH) that suggests potential bullish sentiment building.
Currently, price action shows signs of accumulation within a liquidity zone. If a liquidity grab or stop-hunt occurs within this liquidity zone, it could create conditions for a possible breakout continuation. Should the bullish breakout materialize, potential areas of interest could be around 93,190.90 (potential breakout point), with a risk management perspective placing invalidation below 88,280.00. A longer-term target area could align with the next major resistance zone around 108,000.00.
This analysis reflects evolving market behavior and key technical levels to watch, while taking into consideration the strengthening fundamental backdrop.
Fundamental Insights:
Positive Fundamentals Supporting Bitcoin (BTC):
Corporate Bitcoin Treasuries Expansion:
Cantor Equity Partners is merging with Twenty One, a Bitcoin-native company, introducing a significant Bitcoin treasury to Wall Street. Backed by Tether, Bitfinex, and SoftBank, this venture aims to hold over 42,000 BTC, making it the third-largest corporate Bitcoin reserve globally.
This institutional backing boosts long-term confidence in Bitcoin’s valuation and adoption.
📌 Disclaimer:
This is not financial advice. As always, wait for proper confirmation before executing trades. Manage your risk wisely and trade what you see, not what you feel.
BTCUSD on the daily timeframe is showing a clear structure of new lower highs and lower lows, following a previous consolidation phase. Recently, two minor key levels — around 88,800 and 92,300 — have been broken, with the 92,300 break indicating a Change of Character (CHOCH) that suggests potential bullish sentiment building.
Currently, price action shows signs of accumulation within a liquidity zone. If a liquidity grab or stop-hunt occurs within this liquidity zone, it could create conditions for a possible breakout continuation. Should the bullish breakout materialize, potential areas of interest could be around 93,190.90 (potential breakout point), with a risk management perspective placing invalidation below 88,280.00. A longer-term target area could align with the next major resistance zone around 108,000.00.
This analysis reflects evolving market behavior and key technical levels to watch, while taking into consideration the strengthening fundamental backdrop.
Fundamental Insights:
Positive Fundamentals Supporting Bitcoin (BTC):
Corporate Bitcoin Treasuries Expansion:
Cantor Equity Partners is merging with Twenty One, a Bitcoin-native company, introducing a significant Bitcoin treasury to Wall Street. Backed by Tether, Bitfinex, and SoftBank, this venture aims to hold over 42,000 BTC, making it the third-largest corporate Bitcoin reserve globally.
This institutional backing boosts long-term confidence in Bitcoin’s valuation and adoption.
📌 Disclaimer:
This is not financial advice. As always, wait for proper confirmation before executing trades. Manage your risk wisely and trade what you see, not what you feel.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.