$$BTC
Bitcoin Market Outlook
The market continues to move within a weekly consolidation zone, which limits the potential for strong directional trades. At this stage, only short-term scalping setups are viable.
BTC is currently attempting to maintain its trendline support. From this level, price action suggests a possible retest of the 91.5K area. However, momentum remains shaky, so caution is advised as the setup carries risk.
Trade Plan
- Entry Zone: 90,350 – 90,450
- Target 1: 91,200
- Target 2: 91,550
- Stop Loss: 89,780
