BTC at Key Inflection Zone – Breakout or Rejection Ahead?

6 Mei

Asset: BTC/USD
Timeframe: 4H or Daily (based on visual pattern structure)
As of: May 6, 2025
Indicators:

50 EMA (Red): $91,615.79

200 EMA (Blue): $89,305.75

Key Technical Zones:
🔴 Resistance Zone: ~$104,000 – $108,000
This area has historically acted as a major supply zone.

Price has been rejected from this level multiple times, indicating strong selling pressure.

🔁 Flip Zone (Resistance turned Support/Support turned Resistance): ~$95,500 – $100,000
The current price ($95,234.23) is testing this zone from below.

A confirmed break and hold above could signal continuation toward the higher resistance.

🟢 Strong Support Zone: ~$88,000 – $91,000
Confluence of 50 EMA and 200 EMA adds strength to this demand zone.

Previous breakout level and accumulation area.

EMA Outlook:
50 EMA > 200 EMA: Short-term bullish crossover is active, indicating bullish momentum.

Both EMAs are sloping upward slightly, suggesting trend strengthening.

Price is currently above both EMAs, which acts as dynamic support.

Potential Scenarios:
✅ Bullish Scenario:
If price reclaims the $95,500–$100,000 resistance-turned-support zone:

Expect upward momentum to continue.

Target: $104,000–$108,000 zone.

Break of $108K could lead to a macro bull continuation.

⚠️ Bearish Scenario:
If price rejects the current zone and fails to hold above the $91,000 support:

Look for retest of $88,000–$89,000 area (confluence with EMAs).

Breakdown below that zone would invalidate bullish structure and signal potential deeper correction.

Summary:
Bias: Bullish above $91K, Neutral between 88K–$91K, Bearish below $88K.

Key Confirmation Needed: Daily close above $100,000 for strong bullish continuation.

Risk Management: Watch for fakeouts within the $95K–$100K range due to past volatility.

12 Mei

Dagangan aktif

Bitcoin Price Target Reached – Market Responds as Anticipated

Bitcoin has successfully reached the projected target zone near $95,000–$100,000, aligning with prior technical analysis. This move validates the bullish momentum observed following the breakout above the $91,000 resistance area and the confluence support from the 50 and 200 EMA.

Traders should now monitor price action closely for confirmation of continuation toward the $104,000–$108,000 resistance zone or signs of rejection that could prompt a retest of the lower support levels.

12 Mei

Dagangan ditutup: sasaran tercapai