$BTC Long-Term Signal Direction: BUY (Bullish Bias)
Key Technical Reasons:
1. EMA Structure (1D & 4H):
• Price is stabilizing near/above EMA5–EMA20.
• EMA120 is flattening — this often precedes trend reversal or continuation upward.
• Short EMAs are showing early signs of bullish crossover, a strong long-term buy indicator.
2. Bollinger Bands (1D):
• Tightening bands = consolidation — often leads to a breakout.
• Price is now closing near the middle of the band, indicating strength building after a healthy correction.
• Lower band bounce around $81,000–$82,000 confirms strong demand zone.
3. Market Structure:
• BTC formed a higher low at $81,200 after recent drop from $88,500.
• If this level holds, we can expect a move toward the previous high ($88K+) and potentially $92K–$95K in the coming weeks.
Long-Term Trade Plan:
• Buy Entry: Anywhere in the $83,700 – $84,200 range
• Take Profit 1 (TP1): $88,000
• Take Profit 2 (TP2): $92,500
• Stop Loss (SL): $81,100 (below key support and Bollinger bottom)
Risk Level: Medium
Strategy: Ideal for swing trading or position hold (multi-day to 2-week outlook)