$BTC Overall, the outlook remains bearish
Although the price is currently seeing a short-term rebound from the 79,800 low, it remains capped below the EMA21 (~82,600) on the 1H timeframe.
• Similarly, on the 4H timeframe, it is capped below the EMA9 (~82,650) and EMA21 (~83,200), which are acting as dynamic resistance.
• The best strategy is to short a rebound in the key resistance zone (82,800–83,000), where the EMAs may cap the price. Any long positions should be considered strictly high-risk, countertrend short-term trades.
$BTC Short scenario (70% priority)
· Short entry: 82,700–83,350 (short a pullback at EMA resistance)
· Stop loss: Above 83,850
· TP1: 81,000
· TP2: 80,000
$BTC Long scenario (countertrend rebound — high risk)
· Long entry: 81,000–81,500 (quick short-term trade on a retest of support)
· Stop loss: Below 79,400
· Take profit:
· TP1: 82,500
· TP2: 84,000
Support me here 👇#btc
Although the price is currently seeing a short-term rebound from the 79,800 low, it remains capped below the EMA21 (~82,600) on the 1H timeframe.
• Similarly, on the 4H timeframe, it is capped below the EMA9 (~82,650) and EMA21 (~83,200), which are acting as dynamic resistance.
• The best strategy is to short a rebound in the key resistance zone (82,800–83,000), where the EMAs may cap the price. Any long positions should be considered strictly high-risk, countertrend short-term trades.
$BTC Short scenario (70% priority)
· Short entry: 82,700–83,350 (short a pullback at EMA resistance)
· Stop loss: Above 83,850
· TP1: 81,000
· TP2: 80,000
$BTC Long scenario (countertrend rebound — high risk)
· Long entry: 81,000–81,500 (quick short-term trade on a retest of support)
· Stop loss: Below 79,400
· Take profit:
· TP1: 82,500
· TP2: 84,000
Support me here 👇#btc