Bitcoin ($BTC ) — Bullish Continuation in Play
Current Price: ~$68,850 (+5%)
$BTC swept liquidity near 65K, trapped late sellers, and quickly reversed with strong momentum. Since that flush, price has formed a solid demand base and pushed up to the 69K region, printing higher highs and reclaiming key structure.
📊 Market Outlook
The move from 65K → 69K shows clear demand imbalance. Instead of rejecting at resistance, BTC is consolidating just under the highs — typically a bullish continuation sign. Holding above 68K confirms buyers remain in control.
🎯 Trade Plan
Entry Zone: 67,900 – 68,400
(retest of breakout level + support flip)
Targets:
• TP1: 70,200
• TP2: 72,800
• TP3: 76,500
Stop Loss: 66,200
(below key structure support)
🔎 Why This Setup Works
Liquidity grab at 65K cleared weak hands
Strong impulsive candles = institutional demand
Tight consolidation near highs = continuation bias
If BTC sustains above 68K, liquidity above 70K becomes the magnet. A breakout there opens room toward 72.8K–76.5K, where prior supply sits.
Risk is clearly defined below 66.2K, while upside potential expands toward new highs.
Trend remains bullish while structure holds. 🚀
#CPIWatch #CZAMAonBinanceSquare #USRetailSalesMissForecast #USNFPBlowout #USTechFundFlows