🔎 BTC Technical Analysis (Short-Term)
Price Action & Range
BTC has been trading sideways between roughly $85,000–$90,000 in recent days — consolidation continues.�
DailyForex
Support levels: $85,000, then $84,000-$82,000 if the range breaks down.�
Bitcoin Magazine
Immediate resistance: $89,000–$90,000, then $94,000+ if buyers push higher.�
Bitcoin Magazine
Market Structure
Price failing to sustain above resistance suggests range-bound to slightly bearish short-term bias.�
TradingView
Some signals point to bearish pressure on daily indicators.�
Bitget
Risk Metrics
RSI neutral-to-slightly positive around mid-range (not strongly overbought).�
FX Leaders
Consolidation likely until breakout or breakdown triggers momentum.
📈 Key Levels to Watch
Support (Buy Zones):
$85,000 — major range bottom (good stop-loss placement if buying).�
DailyForex
$82,000 — stronger support if the range breaks down.�
Bitcoin Magazine
Resistance (Sell/Target Zones):
$89,000–$90,000 — immediate hurdle.�
TradingView
$94,000 — key breakout level to confirm strength.�
Bitcoin Magazine
Above $100,000 would signal renewed bullish momentum.�
Bitcoin Magazine
📊 Trade Signals (Short-Term Strategy)
🟢 Bullish (Long) Setup
Entry:
• Buy only if BTC tests support near $85,000–$86,000 with bullish price action (e.g., hammer/strong rejection candle)
Stop-Loss:
• Below $83,500
Take Profit Targets:
• First Target: $89,000
• Second Target: $92,000-$94,000
Rationale:
Basing at range support and rejecting lows increases chance of rebound toward resistance.
🔴 Bearish (Short) Setup
Entry:
• Short only if price fails at resistance near $89,000–$90,000 with clear rejection candle
Stop-Loss:
• Above $90,600
Targets:
• First Target: $86,000
• Second Target: $82,000
Rationale:
Range rejection increases probability of swing back toward range support.
🧠 Important Notes
✅ This is a range-trading environment. Price until confirmed breakout will likely oscillate.�
✅ Avoid trading mid-range without a clear signal (too much noise).
✅ Year-end thin volume can produce fake breakouts — confirm with volume or breakout candle close.
✅ Macro sentiment and spot ETF flows can shift trend quickly (bullish above $94K).�
DailyForex
Bitcoin Magazine
📈 Swing Bias (Next 1-2 Weeks)
Neutral-to-bullish bias if:
✔ Close above $94,000 → momentum to $100,000+ targets.�
Bitcoin Magazine
Bearish if:
❌ Break and close below $82,000 → possible deeper pullback.�
Bitcoin Magazine