Bitcoin (BTC) Trading Snapshot
• Current Trend: BTC is forming a tight consolidation after recent gains volatility remains high.
• Entry Idea: Look for a breakout above the $110,000 level (resistance) or a pullback to the $100,000 zone (support) for a possible long entry.
• Risk Management: Use a stop loss below $98,000 if entering long. Aim for a reward target around $120,000+ for favorable risk reward.
• Strategy: Wait for confirmation either a clean breakout with volume or a bounce from support with strong buyer interest.
• Reminder: Trade smart allocate only what you can afford to lose, and always set your stop loss and take profit in advance.#StrategyBTCPurchase #USGovShutdownEnd? #BinanceHODLerALLO
BTC
66,318.52
-1.83%