๐ข Exclusive on Gate Square โ #PROVE Creative Contest# is Now Live!
CandyDrop ร Succinct (PROVE) โ Trade to share 200,000 PROVE ๐ย https://www.gate.com/announcements/article/46469
Futures Lucky Draw Challenge: Guaranteed 1 PROVE Airdrop per User ๐ย https://www.gate.com/announcements/article/46491
๐ Endless creativity ยท Rewards keep coming โ Post to share 300 PROVE!
๐
Event PeriodAugust 12, 2025, 04:00 โ August 17, 2025, 16:00 UTC
๐ How to Participate
1.Publish original content on Gate Square related to PROVE or the above activities (minimum 100 words; any format: analysis, tutorial, creativ
#BTC#
๐ BTC/USDT Market Analysis | 1-Hour Chart Insight + Future Prediction ๐ฎ
Current Price: 116,185.4
24h High: 117,593.9
24h Low: 115,560.5
Volume Spike: ๐ 44K BTC traded
Market Sentiment: Cautiously bullish with slight retracement
๐ง Key Observations (1H Chart):
MA & EMA:
Price is testing EMA5/EMA10 (~116,474.5 / 116,603.9).
Still above the 30-period moving average โ uptrend intact but weakening.
MACD:
Bearish crossover confirmed: MACD line below signal.
Histogram shows decreasing momentum.
RSI: 35.9 (12) & 50.9 (24) โ Neutral-to-Oversold zone
KDJ: J line sharply dropped โ short-term pullback likely
โณ Multi-Timeframe Prediction
Timeframe Bias Outlook
15 Min Bearish Short-term sellers active, correction phase.
1 Hour Neutral Pullback zone; wait for consolidation or EMA bounce.
4 Hour Bullish Still holds structure for a higher low and possible continuation.
1 Day Bullish Long-term uptrend healthy; 111.8K support holding firm.
๐ฎ Future Prediction
If BTC stays above 116K, and breaks above 117.6K, next targets could be:
Short-Term: 118.8K โ 120.5K
Medium-Term: 123K zone (resistance from historical range)
But if 115.5K breaks down with volume, we may see:
Downside Zones: 114.7K โ 112.9K โ 111.8K
๐ Visual Chart (1H Prediction Path)
Hereโs a simple chart showing likely zones:
๐ Strategy Suggestion (Not Financial Advice)
๐ข Scalpers: Wait for 115.5K bounce or 117.6K breakout with confirmation.
๐ก Swing Traders: Monitor MACD reversal and RSI back above 50 for re-entry.
๐ด Risk Managers: Set stop-loss below 114.7K if entering near current zone.
๐ง Final Take
Bitcoin looks resilient but may need to shake off weak hands before its next run. Short-term caution is key, but long-term vision still leans bullish as long as it holds the 111.8K - 114K zone.
Stay sharp, stay safe. ๐ก๐๐
#BTC#