🔥 Market Overview: Trend: Bitcoin is showing signs of consolidation after a strong bullish run, currently sitting near key moving averages. Key Levels: Resistance: $103,400 Support: $92,600 Indicators: EMA 9 ($96,617) acting as immediate dynamic resistance. EMA 200 ($85,105) as a critical long-term support. MACD: Bearish on the daily chart, with a weakening momentum indicating a potential short-term correction. However, hourly MACD is recovering, signaling possible intraday opportunities. 🔥 Scalping Strategy: 🩸 1. Range Scalping (Consolidation Phase)
Long above: $97,000 → Target: $99,200 Short below: $94,500 → Target: $92,600 🩸 3. VWAP Scalping (Intraday Reversal Plays)
Entries near deviations of VWAP, avoiding chop zones. 🔥 Mid-Term Trend Forecast (1-3 Weeks): Bitcoin remains in a broader bullish structure, but a correction toward the 200 EMA is possible. A retest of $92,600 support could provide a strong buy opportunity before a push back above $100,000. 🔥 News & Market Context: Institutional accumulation continues, supporting long-term strength. Macroeconomic factors like interest rate decisions could trigger volatility. Whale movements indicate mixed sentiment—some large holders taking profits, others accumulating. 🔥 Decision: 🩸 Short-term: Range scalping remains the optimal low-risk play. 🩸 Mid-term: Wait for a retest of lower support before aggressive longs. 🩸 Ideal Play: Accumulate on dips near $92,600 if tested.
👑 Final Verdict: Bitcoin is in a neutral-to-bullish phase. Scalping inside the range is the safest move, while patient traders should watch for deeper corrections before reloading longs.
🔥 FinCaesar’s Words of Power: "The battlefield is silent before the storm. Weak hands retreat, but the wise sharpen their blades. Only those with discipline conquer the market."