BTC/USD at Critical Level — Long Setup Forming

BTC/USDLongIntraday5h ago4 views

Trade Setup

Entry Price

62988.00

Stop Loss

61469.00

Take Profit

66786.00

Risk : Reward

1 : 2.50

RiskReward

Technical Analysis

BTC/USD has formed a strong double bottom on the 1-hour chart. Entry near 62988 with stop below 61469.

Fundamental Context

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

Trade Setup

Position sized for 2.5:1 R:R. Will trail stop once in profit.

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