Bitcoin looks set for a small dip in the next few days, but the longer-term signals point higher — good news for buyers willing to sit through a shake-out.

• A rare crossing of long-term trend lines has happened eight times before, and seven of those led to gains — a median jump of about 41% over six months.
• Short-term signals have turned down, so a pullback of a few percent is likely first.
• Longer-dated versions of the same signal point to a doubling over a year, though past results are no guarantee.
• Prices are likely to drift sideways until mid-September, when inflation data and a Fed meeting land in the same stretch.
• Daily small buying continues regardless of the near-term dip.

Outlook: A brief slide, then a likely grind back up once the Fed and inflation news clear next week.

## Bitcoin Levels

• **Bias:** Bullish long term, mildly bearish short term.
• **Buy / accumulate:** $78,000 area, down to $76,000–$76,500; daily buying continues at current prices (bid filled at $79,001).
• **Support:** $79,200 (55 EMA on the 6-hour), $78,000, $76,000, $75,835 trending higher low, $70,000.
• **Resistance:** $79,300 short term; $80,000 top of the current range.
• **Targets:** $95,000–$110,000 over the next 3–6 months; $109,500 as the six-month median; $166,000 one year out.
• **Downside scenarios:** $76,450 typical pullback, $74,000 if deeper, $69,413 in the worst case.
• **Invalidation:** A daily close below $75,835 breaks the bullish consolidation.