BTC/USD: The Dip Is An Opportunity, Not A Disaster – Fading The Fear
BTC/USDLongIntraday3d ago7 views
Trade Setup
Entry Price
66251.00
Stop Loss
64117.00
Take Profit
70518.00
Risk : Reward
1 : 2.00
RiskReward
Technical Confluence Points to Reversal
The market currently shows BTC/USD trading around 66678, with a significant 24-hour drop of over 3.46%. The prevailing sentiment is undeniably bearish, pushing the price down from the day's high of 68011.56 towards the lower end of the day range at 65344.44. Most traders are likely looking for further downside, but this is precisely where my analysis diverges. I'm seeing an intraday long setup forming.
My entry target for this bounce is 66251. This level sits
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