đ BITCOIN ($BTC) ULTIMATE TRADE SETUP - DON'T MISS! đ
đCurrent Price: $67,850 (as of 16 May 2024)
đĽ Market Trend: STRONG BULLISH
đŻ KEY LEVELS:
â Support 1: $66,500 (Strong Accumulation Zone)
â Support 2: $65,000 (Major Weekly Support)
â Resistance 1: $68,400 (Immediate Breakout Level)
â Resistance 2: $70,000 (Psychological Barrier)
đ WHY BITCOIN NOW?
â Halving Supply Shock in Effect
â Spot BTC ETF Buying Pressure Increasing
â Bull Flag Pattern Forming on 4H Chart
â RSI Cooling Off from Overbought (Healthy Correction)
đ TRADE STRATEGY:
âśď¸ Entry Zone: $66,800-$67,300
đŻ Target 1: $68,500 (Partial Profit)
đŻ Target 2: $70,000 (Take Profit 50%)
đŻ Target 3: $72,000 (Final Target)
đ Stop Loss: $65,800 (1.5% Risk)
đ° Risk Management Tip:
⢠Use only 2% of your capital
⢠Move SL to breakeven at Target 1
⢠Take 30% profit at Target 1
đ˘ WHY THIS WILL WORK?
⢠Whale Accumulation Detected at $66K
⢠Funding Rates Normalized
⢠Bitcoin Dominance Rising
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