$BTC — higher low formed, bulls defending key structure🔥
Long $BTC
Entry: 69,800 – 70,200
SL: 68,900
TP1: 71,200
TP2: 72,300
TP3: 74,000
BTC has shown a strong recovery from the 68,000–68,500 demand zone, printing a sequence of higher highs and higher lows on the 4H timeframe. Buyers stepped in aggressively after the sharp rejection, reclaiming the 70,000 psychological level.
Price is currently consolidating around 70,300–70,600, suggesting healthy pullback and absorption rather than trend exhaustion. As long as BTC holds above the 69,800 support, the bullish structure remains intact.
A clean break and acceptance above 71,200 could trigger continuation toward 72,300 and 74,000. Losing 68,900 would weaken momentum and signal a deeper corrective phase.
BTC
80,922.06
+0.78%