π BTC/USD Price Action Update β May 13, 2025
πΉCurrent Price: 102,477.87
πΉTimeframe: 15M
π Key Demand Zone:
π’ 102,322β102,505 β Proven zone with repeated rejections; price has bounced again suggesting buyer defense is active.
π Scenario 1 β Bullish Breakout Incoming:
A clean break and retest above 102,750 could signal bullish continuation toward 103,200+
Confirmation candle needed above recent highs with increasing volume.
β οΈ Scenario 2 β Intraday Trap:
Failure to break 102,750 with rejection could lead to short-term retest of 102,300β102,500 range. No longs unless zone holds again.
π FXFOREVER Insight:
β
15M structure building higher lows
β
Liquidity forming above 102,750
β
Watch for breakout-retest setup for low-risk long
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