$BTC buying pressure.
2. Technical Indicators
- RSI (14): 58.93 (Neutral-Bullish, no overbought signal yet).
- MACD: 2,145 (Signal Line: 3,049) – Slight bearish crossover, but momentum remains strong.
- Ichimoku & LSMA: Both confirm a bullish trend continuation.
Next Possible Scenarios
Bullish Case (Most Likely)
- If Bitcoin holds above $95,000, expect a retest of $113,340.
- A breakout above this resistance could propel BTC toward $125,000 (next psychological barrier).
- Ideal Entry: Near $95,000 - $96,000 (current support).
- Targets: $113,340 → $125,000.
- Stop Loss: Below $78,000 (strong support breakdown).
Bearish Risk (If Support Fails)
- A drop below $95,930 may lead to a short-term pullback toward $85,000 - $80,000.
- If $78,000 breaks, a deeper correction could follow.
Final Verdict & Trading Plan
Bitcoin remains in a bullish phase, supported by key indicators and market structure. While the MACD shows slight weakness, the overall trend favors upside momentum.
Recommended Strategy:
Buy near $95,000 - $96,000 for a push toward $113,340.
Breakout above $113,340? Next target $125,000.
⚠️ Watch MACD & RSI: If RSI stays above 50 and MACD reverses upward, bullish momentum strengthens.
Bottom Line: Bitcoin is primed for another leg up if key support holds. Traders should watch for a breakout above $113,340 to confirm the next rally.