Setup for BTC USD Recovery Trade - Buyers Protecting 64K Area
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This is the trading strategy being used: Long
Entry: 64,100 - 64,250
Stop loss: 63,850
Target 1: 64,500
Target 2: 64,800
Target 3: 65,200

BTC USD is trading above 64,000 level following the corrective move, and buyers have started to re-enter in the vicinity of the local support area. Bullish trend formation in the near term could be possible if price moves back above 64,200.

With 64,000-64,100 still holding on, there could be a further rise towards 64,500 then to 64,
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