Bitcoin 1-Hour Timeframe Analysis β€” 01.05.26

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Bitcoin 1-Hour Timeframe Analysis β€” 01.05.26Bitcoin all time history indexINDEX:BTCUSDnain_arain1Here’s a more detailed and professional version in English with your promotion: --- **Bitcoin 1-Hour Timeframe Analysis** Bitcoin formed a pennant pattern on the 1-hour chart and initially showed an upward move, suggesting short-term bullish momentum. However, the overall market structure remained bearish, indicating that the upside move was likely temporary. Upon closer observation, the price moved towards the last key demand zone and completed its reaction there. This suggests that the market has already mitigated that demand area and is now preparing for a potential continuation to the downside. Given the bearish structure, the upward move can be considered a retracement rather than a true reversal. The market is now likely to shift direction and target lower liquidity zones. I have clearly marked the key level from where the price is expected to move downward, along with the projected target area where the market may reach next. This provides a structured view of both entry and exit expectations based on price action. **Conclusion:** The market formed a bullish pattern, but due to the dominant bearish structure, it is now preparing for a downside move after completing its demand zone reaction. --- **NAIN.CHARTS** πŸ“ˆ Follow for more professional price action insights and high-probability trade setups.