$BTC🟢 Market Structure: Bullish
BTC is currently trading inside an ascending channel and holding above key support levels. The recent bounce from the lower trendline suggests buyers remain in control.
Trade Setup 📍 Entry Zone: 65,250 – 65,400
🛑 Stop Loss: 63,900
🎯 Take Profit 1: 66,950
🎯 Take Profit 2: 68,500
🎯 Take Profit 3: 69,150
Analysis ✅ Higher highs and higher lows are intact
✅ Price is respecting the ascending channel
✅ Momentum favors buyers while support holds
✅ Potential move toward the upper channel resistance
⚠️ If BTC closes below 64,000 on the 4H timeframe, the bullish outlook may weaken and further downside could follow.
Market Bias: 🟢 Bullish
#BTC #Bitcoin #BTCUSDT #CryptoTrading #TechnicalAnalysis #Binance #MarketOutlook
BTC is currently trading inside an ascending channel and holding above key support levels. The recent bounce from the lower trendline suggests buyers remain in control.
Trade Setup 📍 Entry Zone: 65,250 – 65,400
🛑 Stop Loss: 63,900
🎯 Take Profit 1: 66,950
🎯 Take Profit 2: 68,500
🎯 Take Profit 3: 69,150
Analysis ✅ Higher highs and higher lows are intact
✅ Price is respecting the ascending channel
✅ Momentum favors buyers while support holds
✅ Potential move toward the upper channel resistance
⚠️ If BTC closes below 64,000 on the 4H timeframe, the bullish outlook may weaken and further downside could follow.
Market Bias: 🟢 Bullish
#BTC #Bitcoin #BTCUSDT #CryptoTrading #TechnicalAnalysis #Binance #MarketOutlook