$BTC is holding the line. Prepare for the next leg up. ๐๐ฅ
๐ Trade Setup: $BTC /USDT (Long)
Entry: $70,450 - $70,500
TP1: $71,300
TP2: $72,100
TP3: $73,500+
Stop Loss (SL): $69,200
๐ง The Logic:
Bitcoin has established strong support after bouncing from the $69,350 low. The chart shows a consolidation phase just below the local peak of $70,888. With the MACD staying in positive territory (5.2), the trend remains bullish as long as we hold above the $70k psychological level.
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BTCUSDT
Perp
70,113.4
-0.59%