BTC#bitcoin Rebounds $To$83K
Today's highlight
BTC is trading around $83,100, with a 24h range of roughly $80.4K to $83.4K.
$83K is the key test; a sustained break above it would confirm the bottom is in.
Spot ETF inflows returned, and a break above $83K could target $85Kโ$86K.
Watch out: oil and yields are rising, and stocks are sliding. That can cap the rally.
๐ Profit roadmap
Support: $80K, then $78.6K. If these hold, the trend stays bullish.
Breakout: a daily close above $83K is the confirmation.
Target 1: $85K, take partial profits.
Target 2: $86Kโ$87K, take more profits and trail your stop.
Risk: a close below $80K means the setup has failed, so cut or reduce.
๐ก Scale in and out in steps, risk only 1โ2% per trade, and never chase green candles.
โ ๏ธ Not financial advice. DYOR.
#BTC่ตฐๅฟๅๆ #BitcoinDunyamiz #BinanceSquare #CryptoTrading
$BTC
Today's highlight
BTC is trading around $83,100, with a 24h range of roughly $80.4K to $83.4K.
$83K is the key test; a sustained break above it would confirm the bottom is in.
Spot ETF inflows returned, and a break above $83K could target $85Kโ$86K.
Watch out: oil and yields are rising, and stocks are sliding. That can cap the rally.
๐ Profit roadmap
Support: $80K, then $78.6K. If these hold, the trend stays bullish.
Breakout: a daily close above $83K is the confirmation.
Target 1: $85K, take partial profits.
Target 2: $86Kโ$87K, take more profits and trail your stop.
Risk: a close below $80K means the setup has failed, so cut or reduce.
๐ก Scale in and out in steps, risk only 1โ2% per trade, and never chase green candles.
โ ๏ธ Not financial advice. DYOR.
#BTC่ตฐๅฟๅๆ #BitcoinDunyamiz #BinanceSquare #CryptoTrading
$BTC