1 July 2025 – BTC/USD Technical Analysis Report-Daily Chart

 📊 Chart Overview

• Asset Name: BTC/USD (Bitcoin vs. US Dollar)
• Chart Type: Daily Candlestick
• Trend: Strong Uptrend
• Indicators: EMA 50, EMA 200, Candlestick Patterns
• Last Visible Price (approx.): $107,307.75
• Timeframe Analyzed: Approx. 6 months (Jan 2025 – July 2025)

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📈 Trend Analysis
• BTC is in a well-established uptrend, rising consistently since early April
• Price is well above both EMA 50 ($94,272) and EMA 200 ($77,435)
• Recent pullbacks found support at EMA 50, showing healthy trend continuation
• Bulls remain in control as price attempts to retest resistance near $108,000

• BTC is in a well-established uptrend, rising consistently since early April
• Price is well above both EMA 50 ($94,272) and EMA 200 ($77,435)
• Recent pullbacks found support at EMA 50, showing healthy trend continuation
• Bulls remain in control as price attempts to retest resistance near $108,000

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🔁 Support & Resistance Zones
• Immediate Support: $104,266 (minor bounce seen)
• Major Support: $94,724 (EMA 50 zone – proven strong base)
• Immediate Resistance: $107,500–107,800 (recent rejection area)
• Major Resistance: $110,000 (round psychological level + local high zone)

• Immediate Support: $104,266 (minor bounce seen)
• Major Support: $94,724 (EMA 50 zone – proven strong base)
• Immediate Resistance: $107,500–107,800 (recent rejection area)
• Major Resistance: $110,000 (round psychological level + local high zone)

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🧭 Moving Averages Insight
• EMA 50 (approx.): $94,272
• EMA 200 (approx.): $77,435
• Golden Cross Confirmed: Happened in April, bullish continuation pattern
• Price is consistently bouncing off EMA 50 = trend is healthy and strong
• Both EMAs are sloping upward, confirming trend momentum

• EMA 50 (approx.): $94,272
• EMA 200 (approx.): $77,435
• Golden Cross Confirmed: Happened in April, bullish continuation pattern
• Price is consistently bouncing off EMA 50 = trend is healthy and strong
• Both EMAs are sloping upward, confirming trend momentum

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📉 Candlestick Pattern Insight
• Recent candles are bullish, with higher closes and long lower wicks
• No major bearish engulfing patterns visible
• Bulls attempted breakout near $107,800, but met with temporary resistance
• Overall structure = bullish consolidation near resistance

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🔊 Volume Insight (not visible)
• Volume is not shown in this image.
• However, given consistent trend and steady moves = likely moderate conviction
• Watch for breakout candle with spike in volume near $108,000

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🗣️ Beginner Commentary
BTC is currently trending upward in a healthy and controlled manner. It’s comfortably trading above both EMA 50 and EMA 200, which are important indicators for trend strength. This means buyers are in control, and short-term pullbacks have been buy-the-dip opportunities.

If you are new to trading, this is a textbook bullish setup — but resist the temptation to buy too quickly at resistance. Instead, wait for a confirmed breakout above $108,000 with volume, or a dip near support ($104K) for better entries.

💬 Mindset Quote:

“The best trades are often the most patient ones. Let the chart come to you.”

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📘 Swing Trading Setup: BTC/USD

Entry Type	Entry Zone	Trigger Condition
Aggressive Buy	$104,000–$105,000	Bullish candle bounce near EMA 50 zone
Safe Buy	$108,000+	Breakout candle closes above resistance with volume

 

Stop Loss Type	Price Level	Logic
Hard Stop Loss	$102,000	Below recent swing low + invalidation of bounce
Trend Stop Loss	$94,000	Below EMA 50, where trend may break down

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🎯 Profit Targets

• Target 1: $108,500 – recent local high
• Target 2: $110,000 – round number & major psychological resistance
• Final Target: $114,000 – projected extension from previous breakout

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📊 Risk-Reward Example
• Entry @ $105,000, SL @ $102,000, Target @ $110,000
→ RR = 5:1 ✅ (Very strong swing setup with clean risk/reward)

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🧠 Trader's Rule of Thumb

“Avoid FOMO entries — strong setups repeat often.”