Bullish Bias, Eyes on $105K Breakout
🔍 Technical Snapshot:
• Price: ~$103,000
• RSI (14): ~69 – Nearing overbought
• MACD: Bullish crossover
• EMA20 > EMA50 – Uptrend structure intact
🔐 Key Levels:
• Support: $100,000 / $98,500
• Resistance: $105,000 / $108,000
• Breakout Trigger: Daily close above $105K with volume
🧭 Forecast (Next 2–3 Days):
• 🔼 60% chance of breakout to $105K–$108K
• 🔁 25% chance of consolidation
• 🔽 15% chance of pullback to $98K
🌐 Macro Context:
• VIX: ~12.8 (low) – Risk-on environment
• Nasdaq & S&P500: Bullish – Correlated upside pressure
• DXY: Stable – Neutral effect
💡 Strategy Notes:
• Swing Traders: Long bias but RSI near limit
• Breakout Traders: Watch $105K for volume confirmation
• Bulls: Buy-the-dip near $100K or EMA50
📌 Chart shows BTC with EMA 20/50 crossover.
👍 Like & Follow for daily BTC outlooks!
#Bitcoin #BTCUSD #CryptoAnalysis #BTC #TradingView #RSI #MACD #EMA #VIX #NASDAQ #SwingTrading
🔍 Technical Snapshot:
• Price: ~$103,000
• RSI (14): ~69 – Nearing overbought
• MACD: Bullish crossover
• EMA20 > EMA50 – Uptrend structure intact
🔐 Key Levels:
• Support: $100,000 / $98,500
• Resistance: $105,000 / $108,000
• Breakout Trigger: Daily close above $105K with volume
🧭 Forecast (Next 2–3 Days):
• 🔼 60% chance of breakout to $105K–$108K
• 🔁 25% chance of consolidation
• 🔽 15% chance of pullback to $98K
🌐 Macro Context:
• VIX: ~12.8 (low) – Risk-on environment
• Nasdaq & S&P500: Bullish – Correlated upside pressure
• DXY: Stable – Neutral effect
💡 Strategy Notes:
• Swing Traders: Long bias but RSI near limit
• Breakout Traders: Watch $105K for volume confirmation
• Bulls: Buy-the-dip near $100K or EMA50
📌 Chart shows BTC with EMA 20/50 crossover.
👍 Like & Follow for daily BTC outlooks!
#Bitcoin #BTCUSD #CryptoAnalysis #BTC #TradingView #RSI #MACD #EMA #VIX #NASDAQ #SwingTrading
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.