🚨 $BTC UPDATE: The Move is Here 🚨
Price: ~$68,234 | Signal: LONG (Swing) 📈
📊 The Setup:
Bitcoin is absorbing localized sell pressure in the $68K region. Buyers are currently defending the immediate lower-timeframe support blocks, aiming to establish a higher low before challenging the $70K psychological barrier again.
💡 The Gameplan:
• Entry Zone: $67,800 - $68,500
• Strategy: Scaling into the current consolidation phase. The 50-EMA is acting as dynamic support on the 4-hour chart.
🎯 Targets:
1️⃣ $70,145
2️⃣ $72,500
🛡️ Risk Management:
• Stop Loss: $66,500
• Invalidation: A 4H close below $66,500 confirms a breakdown of the local rising wedge, exposing mid-$64K.
BTCUSDT
Διην.
75,432.1
-2.34%