📈 $BTC Technical Setup: Classic Bullish Reversal in Play

Bitcoin ($BTC) is forming a textbook bullish engulfing pattern on the daily chart — historically one of the strongest reversal signals, especially after a period of consolidation.

📊 Strategy:

Wait for confirmation with a close above the $64K resistance level. If price holds above the 50-day EMA and volume confirms the breakout, a move toward $70K–$72K becomes highly probable.

đŸ› ïž Risk Management Tip:

Set a stop-loss just below $61.2K — the most recent swing low — to maintain a favorable risk/reward ratio.

📌 This setup aligns with the broader market recovery and positive on-chain sentiment. Don’t ignore the signals when the candles speak this loud.

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