The analysis across timeframes shows Bitcoin currently trading between identified support and resistance zones. The various demand zones could provide potential support if price declines. Upside is initially limited by resistance, with room to potentially rise and close fair value gaps.
Weekly Timeframe
- Bitcoin is currently trading above the 0.382, 0.50, and 0.618 Fibonacci retracement levels.
- It is between support zones 1 and 2 and below resistance zone 1.
- The closest supply zones are zones 1 and 2 above the current price.
- The closest demand zones below are zones 1 and 2.
- There are potential fair value gap/imbalance areas that could serve as support or resistance.
Support and Resistance Levels
Support Zone 1 | 45400.00 |
Support Zone 2 | 32259.90 |
Support Zone 3 | 24309.38 |
Support Zone 4 | 17622.00 |
Resistance Zone 1 | 59998.80 |
Fibonacci Retracement Levels
0.382 | 38695.35 |
0.50 | 36065.75 |
0.618 | 33436.14 |
0.786 | 29696.23 |
0.882 | 27519.60 |
Supply Zone
Zone Number | High | Low |
Supply Zone 1 | 53256.64 | 59444.00 |
Supply Zone 2 | 62278.00 | 69000.00 |
Demand Zone
Zone Number | High | Low |
Demand Zone 1 | 30379.99 | 29889.14 |
Demand Zone 2 | 27987.93 | 26538.66 |
Fair Value Gaps / Imbalances
Gap Number | High | Low |
Bullish FVG / Imbalance Zone 1 | 38414.00 | 39972.26 |
Bullish FVG / Imbalance Zone 2 | 34025.00 | 30379.99 |
Bullish FVG / Imbalance Zone 3 | 29883.60 | 27987.93 |
Bearish FVG / Imbalance Zone 1 | 53256.64 | 52088.00 |
Bearish FVG / Imbalance Zone 2 | 62278.00 | 59444.00 |
Daily Timeframe
- Price is currently finding support at zone 1 and below resistance levels.
- The nearest demand zone is zone 1 below the current price.
Support and Resistance Levels
Support Zone 1 | 44073.32 |
Support Zone 2 | 41300.00 |
Fibonacci Retracement Levels
0.382 | 44785.59 |
0.50 | 44016.40 |
0.618 | 43246.41 |
0.786 | 42150.42 |
0.882 | 41515.55 |
Demand Zone
Zone Number | High | Low |
Demand Zone 1 | 44480.59 | 43175.00 |
4 Hour Timeframe
- Support zone 1 and 2 are below the current price.
- Price is trading between the 0.382 and 0.50 Fibonacci retracement levels.
- Demand zone 1 exists below as an area of potential support.
Support and Resistance Levels
Support Zone 1 | 44073.32 |
Support Zone 2 | 41144.87 |
Fibonacci Retracement Levels
0.382 | 44764.85 |
0.50 | 43994.35 |
0.618 | 43234.65 |
0.786 | 42144.75 |
0.882 | 41512.41 |
Demand Zone
Demand Number | High | Low |
Demand Zone 1 | 44341.80 | 43175.00 |
Rejection Block
Rejection Number | High | Low |
Rejection Block | 45500.00 | 44862.11 |
1 Hour Timeframe
- Support zones 1 and 2 are close below.
- Price trading between the 0.382 and 0.50 Fib retracement levels.
- Demand zone 1 exists as the closest demand area below current price.
- There is an opening bullish fair value gap at gap #1 above the current price.
Support and Resistance Levels
Support Zone 1 | 44228.00 |
Support Zone 2 | 43490.01 |
Fibonacci Retracement Levels
0.382 | 45696.65 |
0.50 | 45207.28 |
0.618 | 44729.14 |
0.786 | 44043.11 |
0.882 | 43658.83 |
Demand Zone
Demand Number | High | Low |
Demand Zone 1 | 45171.42 | 44667.22 |
Fair Value Gaps / Imbalances
Gap Number | High | Low |
Bullish FVG #1 | 45171.42 | 45648.00 |