BTC/USD Analysis: Long Bias This Day

BTC/USDLongIntraday4h ago2 views

Trade Setup

Entry Price

61407.00

Stop Loss

59429.00

Take Profit

65362.00

Risk : Reward

1 : 2.00

RiskReward

Technical Analysis

Looking at the 1-hour chart, BTC/USD is showing a clear flag pattern near the 61407 level.

Fundamental Context

Fundamental catalysts align with the technical picture here. BTC/USD has room to move.

Trade Setup

Risk:reward is 2:1. Stop loss at 59429, take profit at 65362.

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