$BTC Monday Market Update…!
Bitcoin is starting the new week on a strong note after successfully defending the 4H ascending trendline support around the $63.8K–$64K region. Buyers stepped in exactly where they needed to, confirming that the overall bullish market structure remains intact. As long as BTC continues to hold above this trendline, the probability of another impulsive move to the upside remains high.
The next major resistance sits around $65,700. A clean breakout and sustained close above this level could open the door for a rally toward $67,800, which is my primary target for this move. Volume is gradually returning, and the current price action suggests that bulls are preparing for another leg higher after this healthy pullback.
Use this …! Trade Plan:
Entry: Current Market Price / $64,000–$64,600
Target 1: $65,700
Target 2: $66,800
Target 3: $67,800
Stop Loss: $62,400
The trend is still bullish, and this pullback looks more like a buying opportunity than a trend reversal. Stay patient, manage your risk properly, and let the market confirm the breakout before increasing exposure. Monday could be the beginning of the next bullish wave for $BTC.
#Bitcoin #BitcoinMiningDifficultyMayFall1.2%
Bitcoin is starting the new week on a strong note after successfully defending the 4H ascending trendline support around the $63.8K–$64K region. Buyers stepped in exactly where they needed to, confirming that the overall bullish market structure remains intact. As long as BTC continues to hold above this trendline, the probability of another impulsive move to the upside remains high.
The next major resistance sits around $65,700. A clean breakout and sustained close above this level could open the door for a rally toward $67,800, which is my primary target for this move. Volume is gradually returning, and the current price action suggests that bulls are preparing for another leg higher after this healthy pullback.
Use this …! Trade Plan:
Entry: Current Market Price / $64,000–$64,600
Target 1: $65,700
Target 2: $66,800
Target 3: $67,800
Stop Loss: $62,400
The trend is still bullish, and this pullback looks more like a buying opportunity than a trend reversal. Stay patient, manage your risk properly, and let the market confirm the breakout before increasing exposure. Monday could be the beginning of the next bullish wave for $BTC.
#Bitcoin #BitcoinMiningDifficultyMayFall1.2%