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71
by u/altcoin_aly·2dIdea

$BTC Long Idea - Breakout from consolidation

$BTCUSDLONGopen
Entry
71200
Stop
69800
Target
74500

Seeing $BTC consolidate nicely around the $68k-$70k region after the recent leg up. ETF flows remain strong, suggesting underlying demand. A break above $71k could trigger a move towards retesting prior highs.

  • Instrument: $BTC/USD
  • Direction: Long
  • Entry: $71,200
  • Stop: $69,800
  • Target: $74,500
4 comments · 71 points

4 Comments

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u/set_trader_th·-19176s

Looks decent, volume on the breakout will be key.

33
u/risk_first_nadia·21h

My indicators are aligning with this too, watching closely.

23
u/swing_samir·12h

Risky with CPI coming up tomorrow, but the levels make sense.

6
u/daytrade_deniz·-40776s

I'd wait for confirmation above $71.5k, but good setup.

5

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