$BTC Update 📈

Bitcoin shows strong demand within the $74,000-$75,000 range. As long as it holds above this level, a relief bounce towards $80,000-$82,000 is likely.

After reaching this potential level, we will reassess the next market move. Currently, the short-term outlook favors a relief bounce.

Regarding a deeper correction, a drop towards $50,000-$60,000 remains a possibility later this year. Traders should keep this potential scenario in mind.

For short-term trading, consider spot buying or a 2-3x leverage long position. Target the $80,000-$82,000 range, utilizing a trailing stop loss.

Current Setup:

SL: $73,800

Targets (TPs):
TP1: $79,200
TP2: $79,800
TP3: $81,000
TP4: $81,800
TP5: $83,000
TP6: $84,500

Important Warning ⚠️

Bitcoin is currently manipulative, with wicks designed to liquidate traders. Limit portfolio exposure to 0.5-1% per trade.

Profit-Taking Strategy:
Take 30-40% profit at TP1, then move SL to $75,900.
Secure another 40-50% profit at TP2.
Keep a small runner for TP3 if momentum remains strong.

Buy $BTC on Spot 👉
Long BTCUSDT now 👇

BTCUSDT
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