🚀 $BTC Breakout Setup – Tight Consolidation, Expansion Incoming
Bitcoin is coiling tightly within a narrow range, signaling a potential volatility expansion. Compression like this typically leads to a strong breakout move once resistance is cleared.
📈 Trade Plan
Entry: Break and hold above local range high
TP1: 67,500
TP2: 67,900
TP3: 68,400
❌ Invalidation: 66,800 (Break below structure support)
Why This Setup?
• Tight price compression indicating energy build-up
• Higher lows forming within the range
• Breakout above resistance could trigger momentum continuation
• Clean risk-to-reward toward upside liquidity zones
Patience for confirmation is key — wait for strong candle close above resistance before entry.
BTCUSDT
Perp
67,596.1
+2.22%
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