$BTC /USDT’s 4h chart is setting up a recovery move many traders may hesitate to trust.
$BTC – LONG
Trade Plan:
Entry: $69,800 – $70,600
SL: $68,200
TP1: $72,000
TP2: $74,500
TP3: $78,000
Why this setup?
After a sharp sell off, BTC has printed a strong bounce from the $60K–$62K demand zone and reclaimed short term structure on the 4h timeframe. The recovery move is supported by strong volume expansion, suggesting buyers are stepping back in. Holding above the $69K–$70K zone keeps the upside continuation valid toward higher resistance levels.
Debate:
Is this the start of a trend reversal, or just a relief bounce before another pullback?
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BTCUSDT
Perp
67,586.8
-0.80%