$BTC Updated Hai! Where are we flying next? Analysis and Setup 📈

Bitcoin is showing incredible strength, having settled above the $77,000 level. On the chart (1h) we see a clear upward movement with support on the moving averages. Bulls are fully in control of the situation. 🐂

📊 Technical Perspective:

  • Trend: Strong upward.

  • Indicators: MACD in the bullish zone, volumes on the breakout confirm buyer interest.

  • Levels: Local maximum $78,272 tested. If it holds above — the road to the psychological mark of $80,000 opens.

⚡️ My trading plan (Long):

  • Entry: $77,200 – $77,500 (on a slight pullback to the mirror level).

  • Target 1 (TP): $78,500 (update of the high).

  • Target 2 (TP): $79,800 (fixing before a major level).

  • Stop-loss (SL): $76,400 (below the local low and moving averages).

⚠️ Remember the risks! The market at its peak is always volatile. Work with stop losses and adhere to risk management.

What do you think, will we break $80k this week or are we waiting for a correction? Write in the comments! 👇

#BTC #Bitcoin #CryptoAnalysis #TradingSignals #BinanceSquareFamily