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⚠️BREAKING: India🇮🇳 plans to come out with a discussion paper outlining its policy stance on Crypto before September.

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$BTC next plan.

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The market has mixed sentiments, but here’s my view: We are trying to hold the $95,000 region, which could still be a trap. However, if we break and reclaim above $98,800 with two consecutive 4H closes, it will invalidate the lower high, lower low scenario and confirm bullish momentum toward $105K. For a swing long, SL can be set at a 4H close below $93,400. For a tighter scalp, use $94,800. There's also untapped liquidity around $102K, which could be taken later. For now, my bias remains bullish.

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🔥JUST IN: Trump to soon sign an executive order easing bank ownership of digital assets, says Circle CEO.

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This is the time when I prefer to sit back and wait for levels to be reclaimed. The 95,200 level has been lost on both the 4-hour and 1-hour charts. I’m not longing yet, but I’m also not shorting because shorting near a support zone isn’t ideal. We still have the daily 50EMA, which previously triggered a bounce of nearly $10,000 in just a few days.

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The biggest concern for bulls right now is losing the 50EMA on the daily chart. While this may seem concerning, let me remind you that this year alone, we’ve lost this support multiple times, closed below it, and reclaimed it with massive green candles within 1–3 days. Will the bulls step back in? Just wait and watch. Personally, I’m bidding here again. #btc

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