$BTC /USDT – Bullish Recovery Momentum
📈 Strong Bounce + Reclaim in Play
Bitcoin has rebounded aggressively from the $60,000–$60,200 demand area (recent swing low), forming impulsive bullish candles and reclaiming $70,000+.
This move signals buyers stepping in hard after the shakeout — momentum favors continuation as long as price defends the reclaimed zone.
Current Price (approx.): ~$70,800–$71,200 USDT
Key Levels
Support: $68,500–$69,000 | $65,000–$66,000 (stronger zone)
Resistance: $72,000–$73,000 | $75,000+ (next major target)
Trade Setup (Long – High-Conviction Bounce Play)
🟢 Entry Zone: Current market price / dips to $69,000–$70,500
🎯 Target 1: $72,500
🎯 Target 2: $75,000
🎯 Target 3: $78,000 (extended if momentum accelerates)
❌ Stop Loss: Below $68,000 (or tighter at $69,000 for lower risk)
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