btcusd h1 analysis

BTCUSD Bitcoin vs US Dollar
btcusd h1 analysis

BTCUSD H1 Analysis ๐Ÿ“Š


Price is recovering after a sharp bearish move inside the descending channel.

A bullish correction is developing from the support zone, with buyers targeting the 74,400 โ€“ 75,200 resistance area.


๐Ÿ”น Support: 72,786

๐Ÿ”น Resistance: 74,400 โ€“ 75,200

๐Ÿ”น Bias: Bullish recovery while above support


A breakout above the channel could trigger stronger upside momentum in the short term.

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