🟠📊BTC 4H: Explosive breakout after weeks of range. Last candle ripped from $69.8k to $72.2k (+3.66%). Strong impulsive move + short squeeze.
⚠️Don’t chase longs at the highs. Market is overextended short-term.
🟢Long setup: Wait for pullback to $69.5–70.5k (prior resistance now support). Invalidation below $68k.
🔴Short setup: Only on clear rejection + bearish close below $71.5k. Target $67–68k. Risky while momentum is this strong.
👉This looks like the start of a new leg, but healthy retraces usually follow vertical moves. Risk first. NFA.
#BTC #bitcoin
TRADE $BTC here👇
⚠️Don’t chase longs at the highs. Market is overextended short-term.
🟢Long setup: Wait for pullback to $69.5–70.5k (prior resistance now support). Invalidation below $68k.
🔴Short setup: Only on clear rejection + bearish close below $71.5k. Target $67–68k. Risky while momentum is this strong.
👉This looks like the start of a new leg, but healthy retraces usually follow vertical moves. Risk first. NFA.
#BTC #bitcoin
TRADE $BTC here👇