$BTC 🚀 BTC Market Update: Bounce from Support

Bitcoin has successfully tested its support level and initiated an upward move. Currently trading at $79,092, after hitting a local low of $78,610, this structure presents a highly favorable risk-to-reward setup. Entering a position here allows for a tight stop loss (SL) with maximum upside potential.

On the upside, the immediate resistance to watch is at the 23.6% Fibonacci retracement level.

trade safely and manage your risk.#Binance

BTC
BTCUSDT
73,486
-0.61%