BTC is currently around $63.6K; recent technical analysis sees the $62.5K–$63K area as important support and resistance near $65K. �
Barron's +1
📊 Simple BTC Trading Plan
🟢 Spot buy — low risk approach
Entry 1: $62,000–$63,000
Entry 2: $59,000–$60,500
Stop/exit: daily close below $56,500
Target 1: $67,000
Target 2: $70,000
Target 3: $80,000
Strong bull target: $100,000
🚀 Breakout strategy If BTC makes a strong daily close above $65,000–$67,000, short positions can be taken after confirmation. Then $70K → $80K → $100K can be seen.
🔴 Risk scenario If BTC loses $62K support, there is a risk of correction to $60K first, then $55K–$58K. �
Investing.com
My choice: It is relatively safe to enter in 3 parts now rather than paying the whole amount at once. It is better to avoid leverage.
⚠️ This is not financial advice; BTC is very volatile.