The current Bitcoin price is fluctuating around the EMA200 resistance zone (~87,169 USDT), a crucial level that will determine the next trend.

1️⃣ Market Overview

📈 Trend Analysis:

• Main Trend: BTC is still in a downtrend on the higher timeframes but showing signs of short-term recovery.
• EMA50 & EMA200:
  • EMA50 (~85,913 USDT): Short-term support, price is holding above this level.
  • EMA200 (~87,169 USDT): Strong resistance, price is reacting around this area.
• Volume Profile:
  • POC at 84,930 USDT: The price level with the highest liquidity, acting as key support if BTC pulls back.
• RSI (~54.93): Neutral, no clear overbought or oversold signals.

🔎 Smart Money Concept (SMC) Analysis

✅ Market Structure: Price is forming a short-term uptrend but needs to break above EMA200 to confirm a stronger bullish move.
✅ Break of Structure (BoS): No bearish BoS yet, but if BTC fails to break EMA200, a bearish BoS could appear, leading to further corrections.
✅ Supply & Demand:

• Demand Zone: 85,500 – 86,000 USDT (nearby support)
• Supply Zone: 87,500 – 88,000 USDT (strong resistance)
  ✅ Liquidity: Many stop-loss orders are likely positioned above EMA200 (~87,169 USDT). If price sweeps this level, it could continue upward.

2️⃣ Trading Strategy

🟢 Long Position (if BTC breaks above EMA200 & holds above 87,200 USDT)

• Entry: 87,200 – 87,500 USDT
• Stop Loss (SL): 86,500 USDT
• Take Profit (TP):
  • TP1: 88,000 USDT (near resistance)
  • TP2: 89,500 USDT (strong resistance)
  • TP3: 91,000 USDT

📌 Long if BTC closes above EMA200 with high volume, confirming bullish momentum.

🔴 Short Position (if BTC gets rejected at EMA200 – 87,500 – 88,000 USDT zone)

• Entry: 87,500 – 88,000 USDT
• Stop Loss (SL): 88,500 USDT
• Take Profit (TP):
  • TP1: 86,000 USDT (EMA50 support)
  • TP2: 85,000 USDT (POC)
  • TP3: 83,500 USDT

📌 Short if BTC touches EMA200 but fails to break through, showing signs of weakness.

3️⃣ Conclusion & Outlook

🚀 BTC is testing EMA200 resistance (~87,169 USDT), needs to break above to confirm an uptrend.
⚡ If BTC holds above 87,200 USDT, it could target 89,500 – 91,000 USDT.
📉 If rejected at EMA200, it could pull back to 85,000 – 83,500 USDT.

📊 Are you currently holding a position or waiting for a better entry point?

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