$BTCđ˘ 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 đ Entry Zone: 65,250 â 65,400
đ Stop Loss: 63,900
đŻ Take Profit 1: 66,950
đŻ Take Profit 2: 68,500
đŻ Take Profit 3: 69,150
Analysis â Higher highs and higher lows are intact
â Price is respecting the ascending channel
â Momentum favors buyers while support holds
â Potential move toward the upper channel resistance
â ď¸ If BTC closes below 64,000 on the 4H timeframe, the bullish outlook may weaken and further downside could follow.
Market Bias: đ˘ 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 đ Entry Zone: 65,250 â 65,400
đ Stop Loss: 63,900
đŻ Take Profit 1: 66,950
đŻ Take Profit 2: 68,500
đŻ Take Profit 3: 69,150
Analysis â Higher highs and higher lows are intact
â Price is respecting the ascending channel
â Momentum favors buyers while support holds
â Potential move toward the upper channel resistance
â ď¸ If BTC closes below 64,000 on the 4H timeframe, the bullish outlook may weaken and further downside could follow.
Market Bias: đ˘ Bullish
#BTC #Bitcoin #BTCUSDT #CryptoTrading #TechnicalAnalysis #Binance #MarketOutlook
