BTC/USD: Catching the Dip in a Bullish Trend – My Swing Long Play

Alright team, checking in on BTC/USD, and it's looking pretty good out there. We're currently sitting around 80156, having pushed up over 2.17% in the last 24 hours. The trend is clearly bullish, but I'm looking for a specific setup here rather than chasing the pump.

Technical Readout

The charts don't lie, and Bitcoin is showing some serious strength. It's been range-bound today between 78552.88 and 81759.12, and while we're currently above minor resistance at 80200 and 80250, I'm eyeing a slight pullback for a better entry. My plan is a swing long entry at 79643. This is below the current price but still well above the strong support at 78552.88. My stop loss is set at 77078, giving us some room below the day's low, and targeting 84773. This one's a beauty,