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₿ BITCOIN (BTC)
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SOURCE : Binance
STATUS : Technical rebounds / Distribution
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Price
- Current price : ~78,000 $
- Main support : 60,000 $ → 62,000 $
- Resistance : 108,000 $ → 112,000 $
- Structure : Bounce within a large downward trend
Time
- Phase : Temporary bounce (Scalp)
- Duration : 1 – 3 weeks
- Movement : Technical rise before subsequent break
Buying Area (Speculative only)
- Buy : 60,000 $ → 62,000 $
Stop Loss
- Below 58,000 $
Targets (for bounce only)
- TP1 : 78,000 $
- TP2 : 95,000 $
- Max TP : 108,000 $ → 112,000 $
Long-term Outlook
- This bounce is unsustainable
- Final target for the cycle : 20,000 $ → 24,000 $
- Real investment buying only at the bottom
Reading
- The bounce is an exit opportunity, not a long entry
- Time is the judge, not emotion
Bitcoin | BTC | Binance | Crypto Market | Market Cycle | Trading Strategy
Signature
— azoudonpadrino
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