BTC/KRW Buy analysis
- Confidence
- 75
- Entry
- 94,666,000
- Target
- 130,000,000
- Stop
- 87,000,000
- Published
- 2026-07-05
Summary
BTC/KRW is currently testing a crucial historical support zone around 90,000,000 to 94,000,000 KRW, presenting a high-probability bounce setup.
Trend
While the short-term trend shows a sharp correction from the peak, the long-term weekly trend remains structural, currently testing key moving averages and historical peak support areas.
Patterns
The price has returned to the major breakout area of the previous cycle's resistance, which is now acting as strong support (polarities principles).
Indicators
Multiple weekly moving averages are converging near this level (specifically the 120-week MA shown in white lagging slightly below, with the immediate support holding around current prices).
Strategy
Initiate a buy position at current levels near major support, targeting a recovery back towards the previous consolidation zone, with a strict stop loss below the recent swing lows.
For reference only, not investment advice. Trading decisions are your own.