🚀 BTC 1H Trading Signal (Updated & Safe)
🔹 Current Price: ~$116,500
🔹 Timeframe: 1H (Hourly)
🔹 Trend: Bullish continuation
🔹 Trade Type: Long (Buy Setup)
📊 Technical Overview:
✅ Support Zone: $114,500 – $115,000
✅ Resistance Zone: $119,000 – $120,000
✅ RSI (1H): ~60 (bullish zone, not overbought)
✅ Pattern: Bullish consolidation (breakout likely above $119K)
🎯 Signal Details:
🟩 Entry Zone: $115,200 – $116,000
🛑 Stop Loss: $114,400 (below key support)
🎯 Target 1 (TP1): $119,000
🎯 Target 2 (TP2): $120,000+
🌐 Fundamental Insights:
✅ Institutional buying (MicroStrategy added 21K+ BTC)
✅ U.S. supports crypto with GENIUS Act 🏛️
✅ Rising capital inflows from TradFi
✅ Overall bullish sentiment in macro & crypto space
📌 Strategy:
Wait for bullish confirmation near $115.5K zone. Place SL safely below support, target previous highs. Risk/reward favorable, trend and fundamentals both support the move.
⚠️ Disclaimer:
This is not financial advice. DYOR (Do Your Own Research) before trading. Use proper risk management.
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