BTC/USD – Bullish Outlook (LONG Bias)

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BTC/USD – Bullish Outlook (LONG Bias)Bitcoin / U.S. dollarBITSTAMP:BTCUSDgurubhaiMarket Structure Higher highs and higher lows continue to form on the higher-timeframe (HTF) charts β€” a strong indicator of sustained bullish momentum. BTC remains above key moving averages (50D / 100D / 200D) on most timeframes, confirming trend continuation. πŸ”₯ Momentum Bullish momentum remains strong as long as price holds above major support zones. Increasing buy volume and declining sell pressure suggest accumulation. 🧱 Key Support Levels (Bulls Must Defend) Support 1: Recent swing low region Support 2: 50-day MA area Support 3: Previous breakout zone (If you want these filled in with exact values, say β€œupdate with live levels.”) 🎯 Bullish Targets Target 1: Retest of recent highs Target 2: Breakout towards next psychological level Target 3: Extension fib targets for a new parabolic leg πŸ“Š Indicators Confirming the Bullish Bias RSI: Staying in bullish control zone (above midline). MACD: Bullish crossovers forming on lower timeframes, aligning nicely with HTF trend. EMA Cluster: Price consistently holding above the EMA ribbon β€” a signal of trend continuation. ⚑ Bullish Catalysts Strong institutional inflows Positive ETF flows High on-chain accumulation by long-term holders Halving supply effects still compressing supply πŸ›‘οΈ Risk Management (for Longs) Stops usually placed below the nearest structural swing low