Bitcoin's Bullish Momentum: Waiting for the Dip to Go Long!

Charting BTC's Next Move

Alright team, let's dive into BTC/USD. The trend is undeniably bullish right now, with Bitcoin up over 1.7% in the last 24 hours, currently sitting around 78860. We've seen a strong push, ranging between 77282.8 and 80437.2 today. While we're holding above minor support at 78800 and 78750, we're also bumping up against short-term resistance around 78900 and 78950. For me, it's about trading what the chart shows, and right now, that's strength. But I'm a patient bugger, always looking for the optimal entry.

My Swing Trade Setup

Given the overall bullish sentiment in the crypto space and the technical strength, I'm looking for a swing long trade. I'm waiting for a bit of a pullback within this uptrend – my entry is set at 78103. This would be a nice retest of a key level