Bitcoin Outlook May 5th – Short, Swing, & Long-Term Views

1/ Short-Term (Intraday): Chop City
BTC is stuck in a tight range between 95K (demand) and 98K (supply). Oscillators mixed, momentum fading near resistance.
Play: Fade extremes, scalp carefully.
Watch: Breakout above 98K or breakdown below 95K for momentum triggers.

2/ Swing Traders (Days–Weeks): Cautiously Bullish
Weekly bullish structure intact, but daily charts flashing caution (Three Black Crows, Double Top, RSI stretched).

Ideal scenario: Buy dips near 96K–95K if momentum resets bullishly.
Invalidation: Daily close below 94.5K flips bias neutral/bearish.

3/ Long-Term Investors (Months+): Bullish with Caution

Macro backdrop remains supportive (SPX bullish, DXY weak, yields stable/rising). Institutional BTC flows steady.

BUT monthly chart shows bearish divergence—momentum slowing.

Core strategy: Accumulate on major dips (ideal: 87K–76K).
Critical invalidation: Monthly close below $76K demands risk-off rebalance.

4/ Macro Catalysts to Watch

- Equity markets (SPX) & bond yields (US10Y) maintaining risk-on stance.
- USD weakness (DXY bearish) supports BTC upside.
- Watch ETF news, institutional flows, and altcoin rotation signals for early clues.

5/ Risk Management
Short-term: Tight stops, quick profits.
Swing: Respect daily structure; cut below $94.5K.
Long-term: Hold bullish conviction above $76K monthly support.

Bottom Line for Traders & Investors
- Short-term: Range-bound scalps
- Swing: Buy dips cautiously
- Long-term: Bullish, but respect slowing momentum

Stay agile, manage risk, and trade smart. Good luck this week! 🍀