BTCUSD – At a Make-or-Break Level

BTCUSD – At a Make-or-Break Level: Will Bitcoin Rebound or Slide Further?
Bitcoin continues to hover near a critical support level after last week's sharp drop. With rising macro uncertainty, shifting institutional flows, and growing interest in crypto regulation, BTCUSD is showing signs of a potential reversal — but traders should proceed with caution.

🌐 Macro Outlook – Debt Pressure, ETFs & Election Talk Fuel Uncertainty
US fiscal stress is building: Analysts warn that the United States could see interest payments exceed $1 trillion in 2025 — more than its defense or healthcare budget. This puts pressure on the Federal Reserve to consider fiscal tightening instead of rate cuts.

Spot Bitcoin ETF inflows are slowing: After a strong start in early 2024, institutional flows into spot BTC ETFs have cooled down recently. Hedge funds and asset managers are waiting for more clarity on economic policy.

Pro-crypto narratives gaining traction in US politics: With elections approaching, political figures are floating proposals to use Bitcoin as a strategic reserve asset and encourage crypto-based financial infrastructure.

Meanwhile, the US Dollar Index (DXY) remains volatile. A weaker dollar could support crypto, but stronger-than-expected inflation data may fuel further caution.

📉 Technical Analysis (BTCUSD – H1 to H4)
BTC is currently trading within a medium-term descending channel, and has recently tested the key support zone near 103,108.

A potential V-recovery pattern is forming. If buyers can hold this zone and break above 104,184, the price may target 106,047 and eventually 107,586.

However, EMA clusters (50–100–200) on the H1 chart are still pressing downward. A confirmed bullish reversal would require a breakout above 105,200 with strong volume.

✅ Suggested Trade Plan
🟢 BUY ZONE: 103,100 – 103,300
Entry: On price reaction with confirmation candlestick
SL: 102,600
TP: 104,184 → 106,047 → 107,586

🔴 SELL ZONE: 107,500 – 107,800
Entry: Only if price rejects resistance at upper channel
SL: 108,200
TP: 106,000 → 104,500

⚠️ Avoid aggressive shorting in the current range to reduce false breakout risk.

💬 Final Thoughts for Indian Traders
The current market is caught between macroeconomic caution and long-term crypto optimism. Bitcoin is holding near its lower range — a zone that historically triggers upward momentum.

For Indian traders, the key is to wait for clear structural confirmation and respect technical levels. Let price and macro alignment guide your decisions, not emotion or hype.

Plan the trade. Trade the plan. Protect your capital.