Bitcoin (BTC) Market Analysis

📊 Current Market Structure

Bitcoin remains in a medium-term bullish trend, with higher highs and higher lows forming on the daily timeframe. Momentum is steady, but short-term pullbacks are possible after recent upward movement.

🔑 Key Levels to Watch

Major Resistance: $45,000

Psychological Resistance: $50,000

Strong Support: $40,000

Critical Support: $38,000

A breakout above $45,000 could open the door toward $48,000–$50,000. Failure to hold $40,000 may trigger short-term correction.

📈 Technical Indicators

RSI: Around neutral-to-bullish zone (55–65), showing healthy momentum.

MACD: Bullish crossover on higher timeframe suggests continued upside pressure.

Volume: Stable accumulation phase; rising volume on green candles favors buyers.

🌍 Market Sentiment

Overall sentiment remains cautiously bullish. Institutional interest and ETF-related developments continue supporting long-term confidence.

🎯 Outlook

Bullish Scenario: Break and hold above $45K → Target $48K–$50K

Bearish Scenario: Drop below $40K → Retest $38K support$BTC #PredictionMarketsCFTCBacking #HarvardAddsETHExposure #TradeCryptosOnX #CPIWatch