$BTC #BTC/USD – Market Outlook (Next 7 Days Long Trade Plan)

Current Price: 85,013

Previous Close: 84,583

Technical Analysis:

The chart shows a bullish start, followed by mid-day consolidation and a sharp rejection near 86,400, forming a local top.

A strong sell-off followed, indicating profit-taking or possible whale activity.

However, BTC respected the support zone around 84,400–84,600, showing buyers are still present.

Current recovery shows a bullish engulfing pattern, signaling potential for reversal.

Buy Zone:

84,600–84,800 (Ideal entry on dip if retested)

Add more on confirmed breakout above 85,600

Sell/Target Zone:

86,400 (Previous high)

87,200 (Next possible resistance if momentum continues)

Stop-Loss:

Below 84,200 (Break of key support)