$BTC Analysis Daily chart ( 1 day time frame )

1. Price Action

• Current Price: $95,810.3 (down -0.90% today)

• Recent swing low: $74,457

• Recent swing high: $99,431.5

• Price is in a bullish uptrend, with a sharp move up followed by sideways consolidation — this is likely a bullish flag or bullish pennant formation.

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2. EMA Levels

• EMA(9): 94,839.9 (acting as immediate support)

• EMA(21): 91,886.6

• EMA(50): 89,239.0

• EMA(100): 89,062.9

• EMA(200): 86,209.2

Price is well above all EMAs, confirming a strong bullish trend. EMA9 is holding as short-term support, suggesting buyers are still in control.

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3. MACD

• MACD Line: 295.7

• Signal Line: 2,751.7

• Histogram is green but beginning to narrow.

Momentum is still bullish, but starting to slow, so watch for potential consolidation or short-term pullback.

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4. OBV (On-Balance Volume)

• OBV is trending upward strongly, indicating that volume supports the rally — no divergence, which is bullish.

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5. Market Structure

• The breakout from the $84k–$89k range has led to a parabolic move.

• Current structure looks like a bullish flag just under $100k.

• If this flag resolves upward, the next target could be around $105K–$110K.

• Immediate support: $94.8k (EMA9), then $91.8k (EMA21).

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Summary

• Trend: Strongly Bullish

• Momentum: Slightly slowing, but still in favor of bulls

• Structure: Bullish continuation (flag/pennant)

• Volume: Supports upward move (OBV rising)

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Trade Setup Ideas

• Breakout trade: Long on daily close above $99,500–$100,000, target $105K+, stop below $94.5K.

• Pullback entry: Long on bounce from EMA21 (~$91.8K) if tested, with stop under $89K.