#Bitcoin Long Setup
Watching $BTC on the daily chart it’s forming a highly reliable bottoming structure, with multiple lower wicks and a decisive candle closing above both MA7 and MA25. This indicates buyers are stepping in and momentum is building.
Price action is showing clear upward traction, supported by steady volume growth, suggesting a fresh rally toward major resistance around $81K could be preparing to launch.
Trade Plan:
🟢 Entry: 71,500 – 72,300
🛑 Stop Loss: 65,800
🎯 Take Profit Levels: 78,000 – 81,000 – 85,000
This setup highlights strong technical support, upward momentum, and volume confirmation, making it a promising area to consider a long position on $BTC .
BTC
72,622.06
+4.47%