BTC/USD: The Dip Is An Opportunity, Not A Disaster – Fading The Fear

BTC/USDLongIntraday3d ago8 views

Trade Setup

Entry Price

66251.00

Stop Loss

64117.00

Take Profit

70518.00

Risk : Reward

1 : 2.00

RiskReward

Technical Confluence Points to Reversal


The market currently shows BTC/USD trading around 66678, with a significant 24-hour drop of over 3.46%. The prevailing sentiment is undeniably bearish, pushing the price down from the day's high of 68011.56 towards the lower end of the day range at 65344.44. Most traders are likely looking for further downside, but this is precisely where my analysis diverges. I'm seeing an intraday long setup forming.
My entry target for this bounce is 66251. This level sits

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