Bitcoin ($BTC ) Trade Setup: Long Bitcoin is actively reclaiming strength, and momentum is steadily shifting back in favor of the bulls. After sweeping the recent lows and establishing a clean recovery structure, I am anticipating a continuation toward higher resistance, provided buyers maintain control.
Entry Zone: $71,200 – $71,900
Stop Loss (SL): $69,800
Take Profit 1 (TP1): $73,200
Take Profit 2 (TP2): $74,600
Take Profit 3 (TP3): $76,000
Technical Notes:
The bullish structure remains secure as long as the price holds above $70K.
A decisive break above $72K could trigger rapid momentum and fuel short liquidations.
The market has already demonstrated a strong reaction from demand zones; expect the next expansion move to be aggressive. Trade smart.
BTCUSDT
Perp
66,507.8
-0.45%