📈 Bitcoin (BTC) Trade Update
Current Price: $117,527
Key Levels:
Support: $113,770 | $113,340
Resistance: $118,089 | $120,564
Critical Zone: $117,443 – $118,089
Trend: Bullish Momentum
BTC is above key moving averages, indicating a bullish trend.
RSI: 62 — Neutral to slightly overbought.
MACD: Bullish crossover forming.
Trade Plan:
1️⃣ Bullish Scenario
Entry: $117,600 (on pullback near support)
Target 1: $118,089
Target 2: $120,000
Stop Loss: $116,500
2️⃣ Bearish Scenario
Entry: $118,500 (if price fails at resistance)
Target 1: $117,000
Target 2: $115,000
Stop Loss: $119,000
⚠️ Note: BTC is testing critical resistance levels. A breakout above $118,089 could signal further upside, while a rejection may lead to a pullback. Always manage your risk and use stop-loss orders.$BTC
#MarketUptober #USGovShutdown
Current Price: $117,527
Key Levels:
Support: $113,770 | $113,340
Resistance: $118,089 | $120,564
Critical Zone: $117,443 – $118,089
Trend: Bullish Momentum
BTC is above key moving averages, indicating a bullish trend.
RSI: 62 — Neutral to slightly overbought.
MACD: Bullish crossover forming.
Trade Plan:
1️⃣ Bullish Scenario
Entry: $117,600 (on pullback near support)
Target 1: $118,089
Target 2: $120,000
Stop Loss: $116,500
2️⃣ Bearish Scenario
Entry: $118,500 (if price fails at resistance)
Target 1: $117,000
Target 2: $115,000
Stop Loss: $119,000
⚠️ Note: BTC is testing critical resistance levels. A breakout above $118,089 could signal further upside, while a rejection may lead to a pullback. Always manage your risk and use stop-loss orders.$BTC
#MarketUptober #USGovShutdown