🪙💡What's the concrete plan for Bitcoin going forward?

Based on the analysis of the 8-hour chart, the current situation can be classified as follows from my point of view:

1. Mid-term movement:
If the parent structure is corrective (ABC), the price could enter subwave 5 of a C correction after completing the current subwave 4 (if this is a corrective wave).

The target of the C wave could be in the range of 90,000-89,000 USD if we consider the typical expansion of C waves (1:1 or 1.618 of the A wave).
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2. Short-term movement:
The price has consolidated within a subwave 4 and could experience a short-term retest, especially towards 96,800-97,500 USD. Possible resistance levels are located here.

If the price breaks through these areas, a short-term high could be around 98,200–98,500 USD before the next downward movement begins.
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3. Support and Resistance:
Support: $94,200 and $92,000.
Resistance: 96,800 USD and 98,500 USD.
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4. MACD and RSI indicators:
The MACD shows signs of short-term upward momentum, but is overall in a weak state, indicating limited upward movement.

The RSI is neutral but shows room for a short-term upward movement.
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5. Strategic considerations:
If the price rises to 96,800 USD or higher in the short term, this would be a potential range to secure profits or consider a short position.

However, if we were to experience a decline towards $92,000, this would be a potential entry point for a long position, as it is within the Fibonacci support area and previous lows.
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Overall, the market is currently in a phase where short-term trades with clearly defined stop-loss levels are safer, as the direction has not yet been definitively determined. Watch for confirmations in the smaller time frames before opening a position.

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