BTC/USD – Daily Trade Plan | 10 May 2025🟢 BTC/USD – Daily Trade Plan | 10 May 2025
"Breakout Incoming? Price Coiling Tighter Near Key Resistance!"
🔍 Market Overview:
Bitcoin has shown strong upward momentum after breaking past the $99,000 mark, reaching a short-term high at $104,269.47. Since then, price has consolidated within a narrowing range. The daily structure remains bullish, but short-term selling pressure is visible — especially ahead of the weekend and macro uncertainty.
🧭 Technical Landscape:
🔺 Resistance Zones:
$104,269.47 – Local top, price has failed to break this level several times.
$105,765 – $106,917 – Previous rejection zone + Fibonacci confluence.
$108,045 – Possible extension target if breakout confirms.
🔻 Support Zones:
$102,301 – Immediate intraday support; likely first retest.
$99,379 – Strong mid-range support, aligned with Moving Average & FVG.
$97,093 – Long-term trendline & high-demand zone.
📊 Scenario 1: Bullish Breakout Continuation
If BTC holds above $102,300 and breaks H4 resistance:
🔵 Buy Entry: $102,500 – $102,300
🎯 Targets: $104,000 → $105,700 → $106,900 → $108,000
🛑 Stop Loss: $101,800
📉 Scenario 2: Liquidity Grab & Deep Pullback
If BTC loses $102,300 support, expect a move to collect liquidity around $99K:
🔵 Buy Entry: $97,200 – $97,000
🎯 Targets: $99,000 → $101,000 → $102,500
🛑 Stop Loss: $96,400
⚠️ Key Market Considerations:
🧊 DXY Recovery: Short-term USD strength may cap BTC upside.
🏦 Fed Policy Tone: Remains hawkish. Any USD volatility can shift crypto sentiment.
🔼 Long-Term Trend: Still bullish. Focus on buy-the-dip setups rather than chasing highs.
📝 Final Thoughts:
Bitcoin is entering a coiled zone, awaiting high-volume confirmation. Breakouts or sharp rejections from the current range will decide the next leg.
🚀 Stay patient — Wait for clean candle closes (H4 preferred)
🔒 Stick to your SL/TP — Discipline defines success
💡 Avoid mid-range FOMO. Let price tell the story.
