BTC/USD Idea : Navigating Bullish Trends

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The BTC/USD chart shows a "bullish structure" after reaching last week's previous highs.

Key Points :

- A pullback is necessary unless the price continues its ultra-bullish momentum.

- The critical level to watch is **62.709**; breaking below this could signal a move lower.

- If the price rejects the **62.709** level and shifts the structure higher, traders should continue buying.

- Currently, we are in a **premium pricing** zone, meaning spot buys are not recommended.

- Last month provided a better opportunity at a **discount** for potential buyers.

Conclusion

In summary, remain cautious and strategic. Avoid spot buying at current prices unless market conditions indicate a clear bullish shift.