3
AAby u/altcoin_aly·1moIdea

$BTC Long Idea - Breakout from consolidation

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
$BTCUSDLONGopen
Entry
71200
Stop
69800
Target
74500
4 comments · 3 points

4 Comments

DDu/daytrade_deniz·1mo

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

5
SSu/swing_samirIndia·1mo

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

4
STu/set_trader_thThailand·1mo

Looks decent, volume on the breakout will be key.

2
RFu/risk_first_nadia·1mo

My indicators are aligning with this too, watching closely.

0

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