BTC Ready to Rocket! 🚀 Sideways Action Just Fueling the Next Leg Up!
BTC/USDLongIntraday4h ago2 views
Trade Setup
Entry Price
81137.00
Stop Loss
79180.00
Take Profit
86029.00
Risk : Reward
1 : 2.50
RiskReward
Technical Setup: A Bullish Bounce Brewing!
Alright KoraFX fam, look at BTC/USD! We're currently hanging around 81528, a slight dip of -0.16% in the last 24h, feeling a bit sideways, but don't let that fool you! 😉 I'm eyeing a fantastic long setup here. The 81500 and 81450 levels are acting as immediate support, and we have strong foundational support from the day range low at 79897.44. My entry strategy is to catch a bounce just above those lower supports at 81137. This consolidation is just coiling up for a massive move! LFG!
Fundamental Optimism & My Intraday Play!
Despite the sideways chop, the underlying demand for Bitcoin remains incredibly strong globally, a clear fundamental bullish signal! Institutions are piling in, and that long-term narrative hasn't changed one bit. For this intraday play, I'm confident we'll see a break past the immediate resistance
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