Bitcoin Below a Key Resistance – Day 2Bitcoin / TetherUSBINANCE:BTCUSDTSatoshimultiframe👋🏻 Hey everyone! Hope you’re doing great! Welcome to SatoshiFrame channel. ✨ Today we’re diving into the 1-Hour BITCOIN analysis. Stay tuned and follow along! 🪙 On the 1-hour timeframe, Bitcoin is currently ranging below its key resistance zone at $106,590 in a multi-timeframe structure. A confirmed breakout above this level could potentially lead to further bullish momentum toward the next resistance area. 📊 Looking at Bitcoin’s volume, we can see that as price reached this crucial resistance, volume has decreased, showing more selling interest among traders. However, the interesting observation here is that even selling volume itself has slightly declined, and during the latest reaction to this resistance (in the 15-minute multi-timeframe), we witnessed an increase in buying volume. ✍️ The possible breakout scenario for this resistance is quite simple and comes with a small stop-loss range. You can consider entering a trade based on this scenario, but always remember proper risk and capital management. ↗️ Long Position Scenario 1 : Breakout above the $106,590 resistance accompanied by increasing buying volume on either the 1-hour or 15-minute multi-timeframe. If we get a candle setup (Indecision + SMA7) before and after the breakout, it can serve as a valid entry signal. ↗️ Long Position Scenario 2 : Breakout above the $106,590 resistance with rising volume and the formation of a higher low on the multi-timeframe compared to the previous low. In this case, we can enter a long position and set the stop-loss below the potential higher low. ❤️ Disclaimer : This analysis is purely based on my personal opinion and I only trade if the stated triggers are activated .