$BTC rolled back above $70,500 — looks like good momentum, right?
But wait… that’s not the full truth.
The market is still sideways, even though the last candle pushed price toward the daily high above $70,500. We’re still seeing strong rejections at $71,500, $73,000, and $74,500, and these levels are likely to cap any further upside for now.
So what’s the possible scalp setup?
~Entry: around $70,600
First target: $71,500
Extensions: $73,000 → $74,500
Wait for it to reclaim the level over shorter time frame to scalp!
Best approach here:
Book partial profits at $71,500 and trail your stop-loss continuously as it is green. That gives you protection while keeping upside open — a clean scalp opportunity if managed properly.
Risk management is key here. Don’t overextend.
If you have any confusion, drop it in the comments — I’ve got you.
And don’t forget to "LIKE" and FOLLOW for the latest BTC moves.
Thank you 🤝
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