BTC/USD: Riding the Bullish Wave - My Swing Long Setup

Hey KoraFX crew, Zeynep here from Izmir! What a day for Bitcoin, huh? It's been absolutely buzzing, currently sitting around 70432. We've seen a pretty sweet 3.9% jump over the last 24 hours, hitting a day range high of 71840.64. Can't make this up, the bullish trend is definitely in play.

Chart Talk & Technicals

Looking at the charts, it's clear we're in strong bullish territory. While BTC is currently trading near 70432, I'm eyeing a slight pullback for a better entry. We've got immediate resistance around 70500 and 70550, but strong support has held up at 70400 and 70350 earlier. The key support level from today's range, 69023.36, is also super important. My plan is a swing long entry at 69756 – a classic setup right here, waiting for a retest of that area before making my move up. I'll place my stop loss conservatively at 66375, giving it enough room to breathe.
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