๐ Bitcoin 4H Outlook โ May 2025
๐ Quick Breakdown:
- **FVG Support**: Price bounced from the Fair Value Gap ($98,481.77 - $100,000).
- **Break of Structure**: Broke above the prior high (HH) at $103,000, confirming bullish momentum.
- **Fibonacci Targets**: Aiming for 0.5 ($108,669.59) and 1 ($114,000).
- **Trendline**: Price is following an ascending trendline, supporting the uptrend.
๐ฏ **Targets**:
- Target 1: $108,669.59
- Target 2: $114,000
๐ **Next Step**:
Watch for a 4H close above $103,156.79 to confirm the move. If it breaks below the trendline, retest $98,481.77.
โ ๏ธ **Disclaimer**: For educational purposes only. Not financial advice. Trade at your own risk.
#Bitcoin #BTCUSD #FVG #Fibonacci #TradingStrategy #BreakOfStructure #Trendline #TechnicalAnalysis #4HourChart
๐ Quick Breakdown:
- **FVG Support**: Price bounced from the Fair Value Gap ($98,481.77 - $100,000).
- **Break of Structure**: Broke above the prior high (HH) at $103,000, confirming bullish momentum.
- **Fibonacci Targets**: Aiming for 0.5 ($108,669.59) and 1 ($114,000).
- **Trendline**: Price is following an ascending trendline, supporting the uptrend.
๐ฏ **Targets**:
- Target 1: $108,669.59
- Target 2: $114,000
๐ **Next Step**:
Watch for a 4H close above $103,156.79 to confirm the move. If it breaks below the trendline, retest $98,481.77.
โ ๏ธ **Disclaimer**: For educational purposes only. Not financial advice. Trade at your own risk.
#Bitcoin #BTCUSD #FVG #Fibonacci #TradingStrategy #BreakOfStructure #Trendline #TechnicalAnalysis #4HourChart
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.