BTC/USD: Riding the Bullish Wave – Intraday Long Setup on the Horizon!

BTC/USDLongIntraday2w ago2 views

Trade Setup

Entry Price

74640.00

Stop Loss

72236.00

Take Profit

79448.00

Risk : Reward

1 : 2.00

RiskReward

Bitcoin's Momentum & Key Levels


Yo KoraFX fam! Bitcoin's been on an absolute tear lately, showing some serious strength. We're currently sitting at 75121, up a solid 3.44% in the last 24 hours – that's some nice green on the charts! The trend is clearly bullish, no denying that. Looking at our intraday setup, we saw a low around 73618.58 and pushed all the way up to 76623.42 today. Right now, we're finding some immediate support around the 75050 and the big psychological 75000 level. We've got resistance popping up around 75150-75200, but the overall vibe is still super positive.

My Intraday Play: Waiting for the Dip


Given this strong bullish momentum and general market optimism (institutional interest still high, folks!), I'

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