BTCUSD H1 Analysis
BTC is consolidating within a descending structure while holding above a key Fibonacci support zone. Momentum is building, and a breakout could define the next major move.
๐ Bullish Scenario:
A confirmed break above 60,700โ61,300 may trigger a rally toward 63,900.
๐ Bearish Scenario:
If support around 59,000 fails, expect a continuation toward lower demand levels.
Bias: Neutral-to-Bullish. Wait for a confirmed breakout before entering.
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