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Bitcoin (BTC) Trading Strategy – Today's Trades

Bitcoin is currently moving within a narrow, consolidating range near the $85,000-$86,200 level, amid cautious anticipation of market reactions and bond yields. Here's a quick and organized roadmap for today's buy and sell trades:

1. Long Trades - Catching Rebounds

Ideal Entry Zone: Between $83,500 and $84,000 (on any temporary pullback and test of support).

Triple Profit (TP):

First Target: $85,500

Second Target: $86,800

Stop Loss (SL): A break below $82,500 with a 4-hour candle close below this level to minimize risk.

2. Short Selling - Exploiting Resistance Levels

Ideal Entry Zone: When the price touches the resistance zone between $87,000 and $87,400 and fails to break through.

Target Profit (TP):

Target 1: $85,000

Target 2: $83,800

Stop Loss (SL): When the price breaks above $88,000.

💡 Quick Tip: The market is currently range-bound, so strictly adhere to your stop-loss order and don't chase price surges if the range is suddenly broken.

Would you like to focus your analysis on a shorter timeframe (like the 15-minute chart) or are these daily levels sufficient?
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