Bitcoin Daily Analysis 15 July 2026Bitcoin/USDTOKX:BTCUSDTtradingkooroshHi everyone! Let’s dive into today’s Bitcoin analysis. Daily Timeframe Yesterday's daily candle for Bitcoin was highly impulsive, sharply breaking through the 4-hour resistance zone that had been keeping it in check for quite a while. However, we cannot conclusively declare that Bitcoin's overall trend has shifted to bullish based on this single candle. Since this move was heavily driven by market hype, sentiment, and FOMO, this resistance breakout absolutely needs to be validated by follow-through candles over the coming days. 4-Hour & 1-Hour Timeframes (Execution) Following yesterday's news, the 4-hour chart printed a powerful, impulsive candle that sliced right through the $64,396.5 resistance. Since then, price has paused and is currently printing a series of tight range candles. Given these market conditions, we have two distinct entry triggers: Long Scenario: Yesterday, we couldn't comfortably open a long position because the move was too vertical and fast, which would have forced us into an uncomfortably wide stop loss. Right now, however, price is facing a minor local resistance on the 1-hour chart. We can look to trigger a long position upon a clean breakout above $65,041, placing our stop loss just below the $64,492 support level (which was yesterday's resistance flipped into support). Short Scenario: For shorts, if price aggressively reverses back down on the 4-hour chart, we can officially classify yesterday’s breakout as a fakeout. If this bearish reversal occurs, I will wait for a proper market structure to develop on the 1-hour timeframe and look to trigger a short position upon a confirmed breakout below $63,801.7. As always, keep in mind that volume confirmation is required for both setups. I hope you enjoyed today's analysis and find it useful. Never forget to prioritize your risk and money management!