📊BTC/USD Market Outlook – May 7, 2025
🔹Current Price: $96,579
🔹Timeframe: 1H
📌Key Demand Zones:
🟢 $95,052–95,209 – Fresh breakout demand, acting as support
🟢 $92,954–93,107 – Higher timeframe demand, strong bullish reaction area
📈Bullish Scenario:
Price broke structure with a strong impulsive move above $95.2K and is now forming a possible bullish flag. If price holds above the $95K zone, next upside targets could be $97.5K and $98.2K.
📉Bearish Scenario:
If price fails to hold above $95,052 and breaks below $95K, expect a deeper pullback toward $93.1K zone. Reactions from that level would define trend continuation or reversal.
⚡Pro Tip:
🔸 Watch for consolidation above $95K to catch breakout trades
🔸 Confirm entry with bullish engulfing or BOS on LTF (5M/15M)
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