Bitcoin (BTC/USD) - Bullish Setup with Key Levels
BTC/USD is currently trading around $95,700, showing signs of a potential bullish continuation. The recent consolidation suggests that buyers are absorbing supply before the next leg up.
Key Observations
• Bullish Structure: The price is forming a potential higher low near support (green trendline), indicating strength.
• Liquidity Grab & Reversal: A deeper pullback to the green support area could serve as a liquidity sweep before an impulsive move higher.
• Targeting All-Time Highs: If price follows the projected yellow path, we could see a rally toward the $117,857 - $120,000 resistance zone, aligning with the red trendline.
Trade Plan
• Wait for a pullback toward the lower trendline (~90K -
92K).
• Look for bullish confirmations (rejection wicks, bullish engulfing, etc.) before entering.
• Target: $117,857 and possibly higher if momentum sustains.
⚠️ Risk Management: If BTC loses key support (green trendline), bullish momentum could weaken, requiring a reassessment of market conditions.
Key Observations
• Bullish Structure: The price is forming a potential higher low near support (green trendline), indicating strength.
• Liquidity Grab & Reversal: A deeper pullback to the green support area could serve as a liquidity sweep before an impulsive move higher.
• Targeting All-Time Highs: If price follows the projected yellow path, we could see a rally toward the $117,857 - $120,000 resistance zone, aligning with the red trendline.
Trade Plan
• Wait for a pullback toward the lower trendline (~90K -
92K).• Look for bullish confirmations (rejection wicks, bullish engulfing, etc.) before entering.
• Target: $117,857 and possibly higher if momentum sustains.
⚠️ Risk Management: If BTC loses key support (green trendline), bullish momentum could weaken, requiring a reassessment of market conditions.
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.