Scalping & Mid-Term Analysis for Bitcoin
Market Overview:
Trend: Bitcoin remains in a strong uptrend, but consolidation near local highs signals indecision.
Key Levels:
Resistance: ~$100,000 (psychological level)
Support: ~$97,000 (weak), ~$92,500 (stronger)
Indicators:
MACD: Weak momentum, suggesting cooling off before the next move.
RSI: At 47.4, neutral, showing neither overbought nor oversold conditions.
Volume: Declining, indicating uncertainty among buyers and sellers.
🔥 Scalping Strategy:
🩸 1. Range Scalping (Short-Term Play)
Why? BTC is trading inside a tight range, meaning opportunities for quick scalps.
How?
Buy near $97,000, targeting $99,000 - $100,000.
Sell near $100,000, as strong resistance is expected.
Stop-loss below $96,500, as a breakdown could push BTC lower.
🩸 2. Breakout Scalping (If Trend Resumes)
Trigger: A breakout above $100,000 or breakdown below $97,000.
Execution:
If BTC breaks $100,000, scalp long targeting $103,000 - $105,000.
If BTC drops below $97,000, scalp short targeting $94,500 - $92,500.
🩸 3. EMA Scalping
Why? BTC is holding the 50 EMA, but if lost, it may accelerate a correction.
Execution:
Short near EMA 9 (~$99,000 - $100,000) if price fails to reclaim it.
Go long only if BTC holds above $100,000 with strong volume.
🔥 Mid-Term Trend Forecast (1-3 Weeks)
Bias: Bullish → Neutral unless $97,000 breaks
Why?
BTC is consolidating near key highs, a typical sign of indecision.
If $97,000 holds, expect a push toward $103,000+.
Breaking below $97,000 could trigger a correction to $92,500.
Low volume means a move could come suddenly—watch for breakout confirmation.
🔥 News & Market Context:
ETF inflows remain strong, keeping bullish sentiment alive.
Halving anticipation fuels long-term demand, but near-term profit-taking possible.
Watch for macroeconomic news—high volatility expected.
🔥 Decision: Enter or Stay Out?
🩸 Short-term: Scalping within the range is viable but requires tight risk management.
🩸 Mid-term: Bullish as long as BTC holds $97,000+, bearish if it breaks lower.
🩸 Ideal Play: Long near $97,000, scalp shorts near $100,000.
👑 Final Verdict:
BTC needs volume to break higher! Above 100K → new highs. Below
97K → deeper pullback. Stay sharp! 🔥
Trend: Bitcoin remains in a strong uptrend, but consolidation near local highs signals indecision.
Key Levels:
Resistance: ~$100,000 (psychological level)
Support: ~$97,000 (weak), ~$92,500 (stronger)
Indicators:
MACD: Weak momentum, suggesting cooling off before the next move.
RSI: At 47.4, neutral, showing neither overbought nor oversold conditions.
Volume: Declining, indicating uncertainty among buyers and sellers.
🔥 Scalping Strategy:
🩸 1. Range Scalping (Short-Term Play)
Why? BTC is trading inside a tight range, meaning opportunities for quick scalps.
How?
Buy near $97,000, targeting $99,000 - $100,000.
Sell near $100,000, as strong resistance is expected.
Stop-loss below $96,500, as a breakdown could push BTC lower.
🩸 2. Breakout Scalping (If Trend Resumes)
Trigger: A breakout above $100,000 or breakdown below $97,000.
Execution:
If BTC breaks $100,000, scalp long targeting $103,000 - $105,000.
If BTC drops below $97,000, scalp short targeting $94,500 - $92,500.
🩸 3. EMA Scalping
Why? BTC is holding the 50 EMA, but if lost, it may accelerate a correction.
Execution:
Short near EMA 9 (~$99,000 - $100,000) if price fails to reclaim it.
Go long only if BTC holds above $100,000 with strong volume.
🔥 Mid-Term Trend Forecast (1-3 Weeks)
Bias: Bullish → Neutral unless $97,000 breaks
Why?
BTC is consolidating near key highs, a typical sign of indecision.
If $97,000 holds, expect a push toward $103,000+.
Breaking below $97,000 could trigger a correction to $92,500.
Low volume means a move could come suddenly—watch for breakout confirmation.
🔥 News & Market Context:
ETF inflows remain strong, keeping bullish sentiment alive.
Halving anticipation fuels long-term demand, but near-term profit-taking possible.
Watch for macroeconomic news—high volatility expected.
🔥 Decision: Enter or Stay Out?
🩸 Short-term: Scalping within the range is viable but requires tight risk management.
🩸 Mid-term: Bullish as long as BTC holds $97,000+, bearish if it breaks lower.
🩸 Ideal Play: Long near $97,000, scalp shorts near $100,000.
👑 Final Verdict:
BTC needs volume to break higher! Above 100K → new highs. Below
97K → deeper pullback. Stay sharp! 🔥
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.