Bitcoin (BTCUSDT) – Multi-Timeframe AnalysisDaily (1D) Chart Analysis
Trend Overview: BTC has been in a downtrend since its recent peak above $100K, trading below the 100 EMA (yellow) and 200 EMA (white).
Support Zones: The key support zone is around $75,000 - $77,000, where buyers could step in.
Resistance Zones: The major resistance sits near $91,000 - $95,000.
Momentum Indicators:
RSI: Around 40, showing a lack of bullish momentum.
MACD: Bearish crossover, suggesting more downside pressure.
Conclusion: BTC remains under bearish pressure unless it reclaims the 100 EMA. Watch for a possible liquidity sweep below $75K before a bullish reversal.
4H (4-Hour) Chart Analysis
Structure: BTC has been trending below the 200 EMA, confirming a bearish bias.
Resistance: The $85,500 - $88,700 zone acts as a critical resistance.
Support: The nearest key support zone is $79,000.
Indicators:
RSI: Below 50, confirming weak momentum.
MACD: Attempting a bullish crossover, but still below the signal line.
Conclusion: BTC needs to break above $85,500 for a bullish shift. Otherwise, we could see further downside to $79,000.
1H (1-Hour) Chart Analysis
Short-term Structure: BTC is testing resistance at the 200 EMA, which could act as a rejection level.
Potential Play:
If BTC fails to break above $84K, a short trade towards $79K makes sense.
If BTC closes above $84,000, a bullish setup towards $88,000 - $91,000 could form.
Indicators:
RSI: Hovering near 40, not showing strong buying momentum.
MACD: Still bearish but showing signs of a possible crossover.
Conclusion: BTC needs a break and retest of $84,000 for longs; otherwise, bears remain in control.
📈 My Trade Setups for the Week:
🔴 Short Setup (If BTC Rejected at $84,000 - $85,500)
📉 Entry: $83,500 - $84,000
📉 Stop-Loss: $85,500
📉 Take Profit:
TP1: $80,000
TP2: $79,000
💡 Confirmation: Weak RSI and failure to break above the 200 EMA.
🟢 Long Setup (If BTC Reclaims $85,500)
📈 Entry: $85,500 - $86,000
📈 Stop-Loss: $83,500
📈 Take Profit:
TP1: $88,500
TP2: $91,000
💡 Confirmation: A daily close above $85,500 with strong volume.
📌 Final Thoughts
🔹 BTC remains in a bearish structure, with a possible liquidity grab below $79,000 before any strong reversal.
🔹 If bulls reclaim $85,500, it opens room for a run towards $91,000.
🔹 Best approach: Wait for confirmation at key levels before entering trades.
⚠️ Risk Warning: Always use proper risk management—crypto markets are highly volatile.
💬 What do you think? Are you considering any trades this week? 👇
